---
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"
generated_at: "2026-06-08T18:26:38.472585+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Power Integrations Q3 revenue $125.5M, -22% YoY; guides Q4 revenue ~$90M; dividend raised 5%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001668
- JSON: https://secwatch.observer/filing/0001157523-23-001668.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001668.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended September 30, 2023
  - Revenue: $125.5 million
  - Net income: $19.8 million or $0.34 per diluted share
  - EPS: $0.34 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/833640/000115752323001668/0001157523-23-001668-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.