---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000203"
form_type: "8-K"
ticker: "POWI"
cik: "0000833640"
company_name: "POWER INTEGRATIONS INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:09:37.959605+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Power Integrations Q4 revenue $89.5M (-28% YoY); GAAP EPS $0.25, non-GAAP $0.22; Q1 rev guidance ~$90M

## Summary
- Q4 revenues $89.5M, down 28% YoY; GAAP EPS $0.25, non-GAAP EPS $0.22.
- Full-year 2023 revenues $444.5M, down 32% from $651.1M; GAAP EPS $0.97 vs $2.93.
- Q1 2024 revenue guidance $90M ±$5M; expects sequential growth from June quarter.
- Repurchased 680k shares for $47.4M in Q4; $26M remaining on authorization.
- Dividend maintained at $0.20/share; next payment March 29, 2024.

## SEC filing metadata
- accession: 0001157523-24-000203
- form_type: 8-K
- ticker: POWI
- cik: 0000833640
- company_name: POWER INTEGRATIONS INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/833640/000115752324000203/0001157523-24-000203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/833640/000115752324000203/a53894244.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000203
- JSON: https://secwatch.observer/filing/0001157523-24-000203.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000203.txt

## Key facts
- Earnings Releases
  POWER INTEGRATIONS INC reported the quarter and year ended December 31, 2023 results: revenue $89.5 million, net income $14.3 million, EPS $0.25 per diluted share.
  - Period: the quarter and year ended December 31, 2023
  - Revenue: $89.5 million
  - Net income: $14.3 million
  - EPS: $0.25 per diluted share
  - Result: reported results
  source text: Net revenues for the fourth quarter were $89.5 million, down 29 percent compared to the prior quarter and down 28 percent from the fourth quarter of 2022. GAAP net income for the fourth quarter was $14.3 million or $0.25 per diluted share compared to $0.34 per diluted share in the prior quarter and $0.40 per diluted share in the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/833640/000115752324000203/0001157523-24-000203-index.htm

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