{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001668","form_type":"8-K","ticker":"POWI","cik":"0000833640","company_name":"POWER INTEGRATIONS INC","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.122982+00:00","generated_at":"2026-06-08T18:26:38.472585+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Power Integrations Q3 revenue $125.5M, -22% YoY; guides Q4 revenue ~$90M; dividend raised 5%","bullets":["GAAP EPS $0.34, non-GAAP EPS $0.46; revenue down 22% YoY and up 2% sequentially.","Q4 2023 revenue guidance $90M ±$5M, well below Q3 level; GAAP opex ~$50M.","Quarterly dividend increased 5% to $0.20/share; payable Dec. 29, 2023 to holders of record Nov. 30.","Operating cash flow $26.7M; repurchased ~24k shares for $1.8M during Q3.","CEO cites broad demand weakness and elevated supply-chain inventories as key headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001668","json":"https://secwatch.observer/filing/0001157523-23-001668.json","markdown":"https://secwatch.observer/filing/0001157523-23-001668.md","text":"https://secwatch.observer/filing/0001157523-23-001668.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/833640/000115752323001668/0001157523-23-001668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/833640/000115752323001668/a53773360.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T18:26:38.472585+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2e013d49496ff9f8a0ec6d0eb42294518967e537","claim":"POWER INTEGRATIONS INC reported the quarter ended September 30, 2023 results: revenue $125.5 million, net income $19.8 million or $0.34 per diluted share, EPS $0.34 per diluted share. Guidance lowered.","evidence_excerpt":"Power Integrations (NASDAQ: POWI) today announced financial results for the quarter ended September 30, 2023. Net revenues for the third quarter were $125.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/833640/000115752323001668/0001157523-23-001668-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$125.5 million"},{"label":"Net income","value":"$19.8 million or $0.34 per diluted share"},{"label":"EPS","value":"$0.34 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}