secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001157523-23-001253
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000115752323001253/0001157523-23-001253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000115752323001253/a53507368.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001253

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer