secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001157523-22-001045
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations Q2 revenue $184M; guides Q3 revenue lower at $165M
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- Revenue $184M, up 2% YoY; GAAP EPS $0.96 vs $0.68; non-GAAP EPS $1.03 vs $0.83 (+24%).
- Cash flow from ops $66.8M; repurchased 1.9M shares for $157.7M; dividend $0.18 payable Sept 30.
- Q3 guidance: revenue $165M ±5%, GAAP gross margin ~57.5%, GAAP OPEX ~$51M.
- CEO cites soft Chinese smartphone demand and macro headwinds for weakening near-term outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000115752322001045/0001157523-22-001045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000115752322001045/a52802897.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001045

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