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

Power Integrations

30/04/2021 02:08

* Power Integrations Inc  POWI.OQ  reported quarterly adjusted
earnings of 76 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 56 cents per share.
* Revenue rose 58.4% to $173.74 million from a year ago​; 
analysts expected $149.48 million.
* Power Integrations Inc's reported EPS for the quarter was 65
cents​.
* The mean earnings estimate of analysts had risen by
about 28.5% 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 2.8% this
quarter and gained 2.3% so far this year.
* The company reported quarterly net income of $39.8 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 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 30 at 01:08 a.m. GMT.
​All figures in US Dollars.​