Brief: Power Integrations Reports Fourth-Quarter, Full-Year Financial Results

Power Integrations

06/02/2023 21:34

Feb 6 (Reuters) - Power Integrations Inc  POWI.O :
    * POWER INTEGRATIONS REPORTS FOURTH-QUARTER AND FULL-YEAR
FINANCIAL RESULTS
    * QUARTERLY REVENUES WERE $124.8 MILLION
    * QTRLY EARNINGS PER SHARE $0.40
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.48
    * Q1 OF 2023 REVENUES ARE EXPECTED TO BE $105 MILLION PLUS
OR
MINUS $5 MILLION
    * Q4 EARNINGS PER SHARE VIEW $0.46, REVENUE VIEW $125.6
MILLION --
REFINITIV IBES DATA
    * Q1 OF 2023 GAAP OPERATING EXPENSES ARE EXPECTED TO BE
BETWEEN
$49 MILLION AND $49.5 MILLION
    * Q1 REVENUE VIEW $127.1 MILLION -- REFINITIV IBES DATA
    * QTRLY Q1 OF 2023 GAAP GROSS MARGIN EXPECTED TO BE ABOUT 53
PERCENT, NON-GAAP GROSS MARGIN EXPECTED TO BE ABOUT 53.5 PERCENT

Source text for Eikon:  ID:nBw6NQq74a 
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