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

Power Integrations

28/04/2022 22:43

* Power Integrations Inc  POWI.OQ  reported quarterly
adjusted
earnings of 93 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 87 cents per share.
    * Revenue rose 4.8% to $182.15 million from a year ago; 
analysts
expected $180.15 million. 
    * Power Integrations Inc's reported EPS for the quarter was
77
cents​.
    * The mean earnings estimate of analysts had risen by
about 20.5%
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 fallen by 14.1% this
quarter and lost 14.3% so far this year.
    * The company reported quarterly net income of $46.25
million.
    * Wall Street's median 12-month price target for Power
Integrations Inc is $110.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 28 at 09:43 p.m.  ​All
figures in US dollars unless otherwise stated