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

Power Integrations

28/10/2021 22:51

* Power Integrations Inc  POWI.OQ  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 78 cents per share.
* Revenue rose 45.9% to $176.78 million from a year ago; 
analysts expected $175.14 million. 
* Power Integrations Inc's reported EPS for the quarter was 69
cents​.
* The mean earnings estimate of analysts had risen by
about 24.7% 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 0.2% this
quarter and gained 21.1% so far this year.
* The company reported quarterly net income of $42.03 million.
* Wall Street's median 12-month price target for Power
Integrations Inc is $99.50 
* 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 October 28 at 09:51 p.m.
 ​All figures in US dollars unless otherwise stated