Power Integrations Inc reports results for the quarter ended in December - Earnings Summary

Power Integrations

03/02/2022 22:02

* Power Integrations Inc  POWI.OQ  reported quarterly
adjusted
earnings of 83 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 75 cents per share.
    * Revenue rose 14.6% to $172.65 million from a year ago; 
analysts
expected $170.16 million. 
    * Power Integrations Inc's reported EPS for the quarter was
66
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Power Integrations Inc shares had fallen by 12.7% this
quarter.
    * The company reported quarterly net income of $40.7
million.
    * Wall Street's median 12-month price target for Power
Integrations Inc is $114.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 3 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated