Power Integrations Q2 revenue $123.2M, EPS $0.26; sees Q3 revenue ~$130M

POWER INTEGRATIONS INC

2023-Q2 EPS reported $0.38 revenue$229,520,000

Revenue $123.2M, up 16% sequentially but down 33% YoY; GAAP EPS $0.26, non-GAAP $0.36.
Consumer revenues grew 35% sequentially driven by appliances; industrial fell slightly.
Q3 revenue guidance $130M ±$5M; non-GAAP gross margin ~54%.
Dividend $0.19/share payable Sep 29; $75.3M remaining on buyback authorization.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

POWER INTEGRATIONS INC reported the quarter ended June 30, 2023 results: revenue $123.2 million, net income $14.8 million, EPS $0.26 per diluted share.

Period: the quarter ended June 30, 2023
Revenue: $123.2 million
Net income: $14.8 million
EPS: $0.26 per diluted share
Result: reported results

Exact text from the filing

Power Integrations Reports Second-Quarter Financial Results Revenues increased 16 percent sequentially to $123.2 million; GAAP earnings were $0.26 per diluted share; non-GAAP earnings were $0.36 per diluted share

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Source: SEC EDGAR

accession 0001157523-23-001253

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