Mike Balow
The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.
Highest-materiality recent filing
Power Integrations SVP Operations Sunil Gupta to resign effective Aug 25, 2026
Sunil Gupta, Senior Vice President of Operations, notified company of resignation on Aug 11, 2026.
Power Integrations Q2 revenue $118.9M, EPS $0.17; guides Q3 $122-130M
Revenue $118.9M, up 10% sequentially and 3% YoY; GAAP EPS $0.17 vs $0.06 prior quarter.
All seven nominees elected: Arienzo, Ganti, Gioia, Iyer, Lloyd, Lowe, Vig.
Q1 revenue $108.3M, up 3% YoY and 5% sequentially; GAAP net income $3.3M ($0.06 diluted EPS).
Power Integrations Q4 rev $103.2M (-2% YoY); FY rev up 6%; cuts 7% workforce; chairman steps down
Q4 revenue $103.2M (down 13% QoQ, down 2% YoY); GAAP EPS $0.24; non-GAAP EPS $0.23.
POWI boosts inducement share reserve to 850K; amends bylaws for proxy rules, forum selection
Amended 2025 Inducement Award Plan adds 500,000 shares, total reserve now 850,000 shares.
Power Integrations names Nancy Erba as CFO, effective Jan. 5, 2026
Nancy Erba appointed CFO effective Jan 5, 2026; previously CFO at Infinera and Immersion.
Power Integrations Q3 revenue $118.9M (+3% YoY) but GAAP net loss $0.02/share; Q4 guide $100-105M
Q3 revenue $118.9M (+3% YoY and sequentially); GAAP net loss $1.4M ($0.02 loss per diluted share).
Power Integrations CFO Sandeep Nayyar resigns; Eric Verity named interim CFO; Q3 outlook reaffirmed
CFO Sandeep Nayyar resigns effective Oct 4, 2025, after 15 years; not due to any disagreement with the company.
Power Integrations Q2 rev $115.9M, non-GAAP EPS $0.35, guides Q3 rev ~$118M
Revenue $115.9M, up 9% YoY and 10% QoQ; GAAP net income $1.4M ($0.02 EPS); non-GAAP net income $19.9M ($0.35 EPS)
Power Integrations names Analog Devices exec Jennifer Lloyd as CEO, effective July 21, 2025
Jennifer Lloyd (ex-Analog Devices VP) appointed CEO and board member; Balu Balakrishnan becomes Executive Chairman through Feb 2026, then consultant.
POWI stockholders approve all management proposals at 2025 annual meeting
All eight director nominees elected; top vote-getter Gregg Lowe with ~52.2M shares for.
Power Integrations Q1 revenue $105.5M (+15% YoY); EPS $0.15; guides Q2 rev $115M
Revenue $105.5M (+15% YoY); GAAP EPS $0.15, non-GAAP $0.31; cash flow from ops $26.4M.
Power Integrations CEO Balu Balakrishnan to retire; search for successor underway
Balu Balakrishnan, CEO since 2002, notified company on Feb 3, 2025 of retirement; will stay until successor named.
Power Integrations Q4 revenue up 18% YoY; guides flat Q1 revenue
Q4 net revenues $105.2M, up 18% YoY, down 9% sequentially.
Q3 revenue $115.8M (+9% QoQ, -8% YoY); GAAP EPS $0.25, non-GAAP EPS $0.40.
Power Integrations announces departure of VP Worldwide Sales; internal successor named
VP of Worldwide Sales Yang Chiah Yee departing Sept 21, 2024 for role at non-competing semiconductor company.
Power Integrations Q2 revenue $106.2M, down 14% YoY; guides Q3 revenue ~$115M
GAAP EPS $0.09, non-GAAP EPS $0.28; revenue up 16% QoQ, down 14% YoY.
Seven director nominees elected: Anita Ganti (51.0M for), Ravi Vig (51.0M for), and others each received over 49M votes.
Power Integrations Q1 revenue $91.7M, down 14% YoY; guides Q2 rev ~$105M
GAAP EPS $0.07, non-GAAP EPS $0.18; cash flow from operations $15.9M.
Q4 revenues $89.5M, down 28% YoY; GAAP EPS $0.25, non-GAAP EPS $0.22.
Power Integrations Q3 revenue $125.5M, -22% YoY; guides Q4 revenue ~$90M; dividend raised 5%
GAAP EPS $0.34, non-GAAP EPS $0.46; revenue down 22% YoY and up 2% sequentially.
Power Integrations Q2 revenue $123.2M, EPS $0.26; sees Q3 revenue ~$130M
Revenue $123.2M, up 16% sequentially but down 33% YoY; GAAP EPS $0.26, non-GAAP $0.36.
Power Integrations annual meeting results: all director nominees elected, say-on-pay approved
All seven director nominees elected, including Balu Balakrishnan and Ravi Vig, with votes ranging from 49.6M to 52.7M for.
Power Integrations Q1 revenue $106.3M, down 42% YoY; sees Q2 rebound to $122M
GAAP EPS $0.12 ($0.77 YoY); non-GAAP EPS $0.25 ($0.93 YoY); revenue fell 15% QoQ and 42% YoY.
Power Integrations Q4 revenue $124.8M, down 28% YoY; guides Q1 $105M
Q4 revenue $124.8M (-28% YoY); GAAP EPS $0.40 vs $0.66; non-GAAP EPS $0.48 vs $0.83.
Power Integrations appoints former Ford electrification exec Nancy Gioia to board
Nancy Gioia appointed to board effective Jan 1, 2023; brings 33+ years at Ford including director of global electrification.
Power Integrations Q3 revenue $160.2M (-9% YoY); GAAP EPS $0.80; announces $100M buyback
Q3 revenue $160.2 million, down 13% sequentially and 9% from Q3 2021; GAAP EPS $0.80 vs $0.69 YoY.
Director Jennifer Lloyd resigns from Power Integrations board due to new role demands
Jennifer Lloyd resigned as director effective Oct 25, 2022, citing time demands from a promotion at her employer.
Power Integrations Q2 revenue $184M; guides Q3 revenue lower at $165M
Revenue $184M, up 2% YoY; GAAP EPS $0.96 vs $0.68; non-GAAP EPS $1.03 vs $0.83 (+24%).
All eight director nominees elected; highest withheld votes for Nicholas E. Brathwaite (2,709,428 withheld).
Power Integrations Q1 revenue $182.1M (+5% YoY); GAAP EPS $0.77, non-GAAP $0.93; adds $75M buyback
Q1 revenue $182.1M (+5% YoY); GAAP EPS $0.77 (vs $0.65); non-GAAP EPS $0.93 (vs $0.76).
Director Steven J. Sharp to retire from Power Integrations board after 2022 annual meeting
Steven J. Sharp notified Power Integrations on March 17, 2022, of his retirement from the board following his current term.
Power Integrations adds $50M to share repurchase authorization
Board approved $50M addition to repurchase authorization on Feb 27, 2022.
Power Integrations Q4 revenue $172.7M (+15% YoY), GAAP EPS $0.66; raises dividend 20%
Q4 revenue $172.7M (+15% YoY); GAAP EPS $0.66 ($0.83 non-GAAP); full-year revenue $703.3M (+44%).
Power Integrations Q3 revenue up 46% YoY to $176.8M; dividend raised to $0.15; adds $50M buyback
Revenue $176.8M (+46% YoY); GAAP EPS $0.69, non-GAAP EPS $0.84.
Power Integrations Q2 record revenue $180.1M (+69% YoY); EPS $0.68 GAAP, $0.83 non-GAAP
Revenue $180.1M (+69% YoY); GAAP EPS $0.68, non-GAAP $0.83; operating cash flow $66.8M.
The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.
On February 3, 2025, Balu Balakrishnan notified the Company that he intends to retire from his position as president and chief executive officer.
On September 3, 2024, the Company was informed by Yang Chiah Yee, vice president of worldwide sales, that he has accepted a similar role at another semiconductor company focused on the data-center market; the company does not compete with Power Integrations.
Mr. Yee will be succeeded in the role of vice president of worldwide sales by Gagan Jain, 47, who is being promoted from the position of senior director of sales for the Americas region, a role he has held since 2016.
appointed Nancy Gioia to serve as a director beginning on January 1, 2023.
On October 25, 2022, Jennifer Lloyd, a member of the Board of Directors of Power Integrations, Inc., resigned as a director.
Steven J. Sharp, a director of Power Integrations, Inc. (the “Company”) notified the Company of his decision to retire from service on the Company's Board of Directors following the completion of his current term.
Max materiality 0.85 · Median 0.70 · Most common event earnings