Brief: Power Integrations Reports Third-Quarter Financial Results

Power Integrations

28/10/2021 22:45

Oct 28 (Reuters) - Power Integrations Inc  POWI.O :
    * POWER INTEGRATIONS REPORTS THIRD-QUARTER FINANCIAL RESULTS
    * Q3 NON-GAAP EARNINGS PER SHARE $0.84
    * Q3 GAAP EARNINGS PER SHARE $0.69
    * Q3 REVENUE ROSE 46 PERCENT TO $176.8 MILLION
    * SEES Q4 REVENUE ABOUT $170 MILLION
    * QUARTERLY DIVIDEND RISES TO $0.15 PER SHARE; $50M ADDED TO
REPURCHASE AUTHORIZATION
    * GROSS MARGINS IN Q4 ARE EXPECTED TO BE SIMILAR TO
THIRD-QUARTER
LEVELS
    * Q3 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $175.1
MILLION --
REFINITIV IBES DATA
    * Q4 REVENUE VIEW $170.5 MILLION -- REFINITIV IBES DATA
    * REVENUES IN Q4 ARE EXPECTED TO BE $170 MILLION PLUS OR
MINUS $5
MILLION

Source text for Eikon:  ID:nBw6hq93a 
Further company coverage:  POWI.O 

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