Power Integrations: Q2 Earnings Insights

Power Integrations POWI reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Power Integrations beat estimated earnings by 5.1%, reporting an EPS of $1.03 versus an estimate of $0.98.

Revenue was up $3.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 5.55% drop in the share price the next day.

Here's a look at Power Integrations's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.87 0.75 0.78 0.75
EPS Actual 0.93 0.83 0.84 0.83
Revenue Estimate 180.15M 170.16M 175.13M 174.13M
Revenue Actual 182.15M 172.65M 176.78M 180.11M

To track all earnings releases for Power Integrations visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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POWIPower Integrations Inc
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