Welcome to our dedicated page for Power Integrtns news (Ticker: POWI), a resource for investors and traders seeking the latest updates and insights on Power Integrtns stock.
Power Integrations, Inc. (NASDAQ: POWI) is a semiconductor company focused on high-voltage power conversion, and its news flow reflects developments across technology, finance and leadership. Company announcements frequently highlight advances in PowiGaN™ gallium-nitride technology, including 1250 V and 1700 V devices for applications such as 800 VDC AI data centers, renewable-energy systems and electric transportation.
Visitors to this POWI news page can review press releases on product and technology updates, such as white papers detailing the performance of PowiGaN switches versus alternative devices, and the use of InnoMux2-EP and InnoSwitch3-AQ ICs in demanding power-supply designs. News items also cover reference design kits, including kits for solar-powered race cars that showcase high-efficiency auxiliary power supplies based on the company’s ICs.
Investors will find earnings releases and financial updates, where Power Integrations reports revenue, gross margin, operating expenses and non-GAAP results, along with commentary on trends in its communications, computer, consumer and industrial end markets. These releases may include information on share repurchases, dividends and financial outlooks for upcoming quarters.
The company also issues news about its leadership team and governance, such as the appointment of a new chief financial officer, the designation of an interim CFO, and the addition of executives responsible for people strategy, transformation, marketing and product strategy. Many of these leadership changes are accompanied by Form 8-K filings that provide further detail.
By following this page, readers can track how Power Integrations communicates its progress in high-voltage power-conversion technologies, adoption of GaN-based products, participation in AI data-center initiatives and organizational developments that support its strategic priorities.
Power Integrations has expanded its InnoSwitch3 family by introducing two new AEC-Q100 qualified, 1700-volt ICs, designed for electric vehicles and industrial applications. These ICs, the first to use a silicon carbide (SiC) primary switching MOSFET, deliver up to 70 watts of output power. They significantly reduce component count by up to 50%, enhancing efficiency and system reliability. Aimed at 600- and 800-volt battery applications, these devices provide over 90% efficiency and low power consumption, making them suitable for both automotive and industrial markets.
Power Integrations (Nasdaq: POWI) reported a 15% increase in quarterly revenues to $172.7 million year-over-year, with GAAP earnings of $0.66 per diluted share. Full-year revenues grew 44% to $703.3 million, while GAAP earnings reached $2.67 per diluted share. Operational cash flow for the year was $230.9 million. The company announced a 20% dividend increase to $0.18 per share and a new $100 million share repurchase authorization. A revenue forecast for Q1 2022 is set at $180 million, with operating expenses estimated between $48.5 million and $49.5 million.
Power Integrations has expanded its InnoSwitch3 family with two new AEC-Q100 qualified, 1700-volt rated integrated circuits (ICs), designed for high-performance electric vehicles (EVs) and industrial applications. These ICs, featuring silicon carbide (SiC) technology, deliver up to 70 watts of output power and significantly reduce component count, enhancing efficiency and reliability. The InnoSwitch3-AQ devices will cater to 600- and 800-volt systems in electric buses and trucks, while their compact design optimizes space and reduces sourcing challenges for manufacturers.
Power Integrations (NASDAQ: POWI) will announce its fourth-quarter financial results on February 3, 2022, post-market. The company will host a conference call at 1:30 p.m. Pacific time the same day. Interested participants can register via a specific link provided in the announcement. Live and archived audio of the conference call will be available on the company's investor relations website.
Power Integrations (NASDAQ: POwI) has launched the InnoSwitch™3-TN, an off-line CV/CC flyback switcher IC designed for high-output-current applications, offering efficiency levels up to 90% compared to traditional buck regulators at less than 60%. This new product integrates a 725 V primary MOSFET and supports designs for various auxiliary power supply solutions up to 21 W. With features like synchronous rectification, low no-load consumption below 5 mW, and a small MinSOP™-16A package, the InnoSwitch3-TN aims to simplify designs and improve energy efficiency in appliances.
Power Integrations (NASDAQ:POWI) will participate in the Wells Fargo TMT Summit, with CEO Balu Balakrishnan and CFO Sandeep Nayyar in an online fireside chat on December 1 at 9:40 a.m. Pacific time. Investors can access a live webcast from the company's investor page. Power Integrations is a key innovator in semiconductor technologies, focusing on high-voltage power conversion essential for renewable energy solutions.
Power Integrations has announced the release of DER-937, a reference design for a 100W USB Power Delivery charger, highlighting a remarkably low component count of just 117. This new design utilizes the InnoSwitch3-PD and HiperPFS-4 ICs, achieving efficiency levels exceeding 93%, with less than 40 mW no-load power at 230 VAC. This innovative approach not only simplifies the design process but also reduces manufacturing costs and space requirements. The DER-937 report includes comprehensive specifications and is available for download on the Power Integrations website.
Power Integrations (Nasdaq: POWI) reported a 46% year-over-year revenue increase to $176.8 million for Q3 2021, although revenues decreased by 2% from the prior quarter. GAAP earnings rose to $0.69 per diluted share, while non-GAAP earnings were $0.84 per diluted share. The company announced a quarterly dividend of $0.15 per share and increased its share repurchase authorization by $50 million. With a strong cash flow of $58.7 million, the company is projected to maintain stable gross margins in the upcoming quarter.
Power Integrations (POWI) is set to release its third-quarter financial results on October 28, 2021, after market hours. A conference call will follow at 1:30 p.m. Pacific time. Investors can register for the call online and access live and archived audio webcasts on the company's website. Power Integrations specializes in semiconductor technologies that facilitate high-voltage power conversion, playing a critical role in promoting renewable energy and efficient power management across various applications.
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