Brief: Power Integrations Reports Q1 Earnings Per Share Of $0.53

Power Integrations

07/05/2020 21:55

May 7 (Reuters) - Power Integrations Inc  POWI.O :
    * POWER INTEGRATIONS REPORTS FIRST-QUARTER FINANCIAL RESULTS
    * Q1 NON-GAAP EARNINGS PER SHARE $0.76
    * Q1 GAAP EARNINGS PER SHARE $0.53
    * Q1 REVENUE $109.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$107.1 MILLION
    * SEES Q2 2020 REVENUE ABOUT $106 MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.66 -- REFINITIV IBES
DATA
    * SAYS Q2 REVENUES ARE EXPECTED TO BE $106 MILLION PLUS OR
MINUS
$5 MILLION
    * SAYS Q2 GAAP GROSS MARGIN IS EXPECTED TO BE BETWEEN 50
PERCENT
AND 50.5 PERCENT
    * SAYS Q2 NON-GAAP GROSS MARGIN IS EXPECTED TO BE BETWEEN 51
PERCENT AND 51.5 PERCENT

Source text for Eikon:  ID:nBw15fd9va 
Further company coverage:  POWI.O 

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