secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001157523-22-001481
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations Q3 revenue $160.2M (-9% YoY); GAAP EPS $0.80; announces $100M buyback
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- Q3 revenue $160.2 million, down 13% sequentially and 9% from Q3 2021; GAAP EPS $0.80 vs $0.69 YoY.
- Non-GAAP EPS was $0.84, down from $1.03 prior quarter and flat YoY.
- Board authorized $100 million share repurchase; no expiration date.
- Q4 2022 revenue guidance: $125M ± $5M; GAAP gross margin 55.5-56%.
- Dividend of $0.18 per share declared, payable Dec 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000115752322001481/0001157523-22-001481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000115752322001481/a52959283.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001481

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