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

Power Integrations

29/07/2021 22:16

* Power Integrations Inc  POWI.OQ  reported quarterly adjusted
earnings of 83 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 75 cents per share.
* Revenue rose 68.6% to $180.11 million from a year ago; 
analysts expected $174.18 million. 
* Power Integrations Inc's reported EPS for the quarter was 68
cents​.
* The mean earnings estimate of analysts had risen by
about 27.5% 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 risen by 0.5% this
quarter and gained 0.7% so far this year.
* The company reported quarterly net income of $41.88 million.
* Wall Street's median 12-month price target for Power
Integrations Inc is $95.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 09:16 p.m.  ​All
figures in US dollars unless otherwise stated