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Power Integrations (POWI) Stock News, Sep 2021-Jan 2022

POWI NASDAQ

Power Integrations reports developments in high-voltage power-conversion semiconductors, including analog and mixed-signal integrated circuits used in power converters for electronics, industrial equipment, appliances, networking devices, battery-powered tools and Internet of Things applications. Company news commonly covers quarterly results, cash flow, gross margin outlook, product introductions and market commentary tied to electrification, renewable energy, battery storage, DC transmission, EVs and AI data centers.

Recent updates also describe the company’s PowiGaN technology, TOPSwitchGaN flyback IC family and gate-driver products, along with executive appointments, sales organization changes, restructuring actions and equity inducement grants under Nasdaq Listing Rule 5635(c)(4).

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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.

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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.

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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.

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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.

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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.

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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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Power Integrations has introduced the InnoSwitch3-PD family of integrated circuits, designed for USB Type-C and Power Delivery applications. This new solution combines USB PD, PPS, PowiGaN, and FluxLink technology to optimize efficiency while reducing the component count in adapters and chargers. The InnoSwitch3-PD ICs promise significant improvements in power density, lower heat generation, and simplified design processes, targeting compact energy-efficient chargers for various devices. Priced from $1.30 per unit, these ICs are ideal for high-volume manufacturers.

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Power Integrations (NASDAQ: POWI) has launched the SCALE-iFlex™ LT plug-and-play gate driver, designed for high-voltage inverter applications. This new driver enhances the performance of EconoDUAL modules by 20%, allowing users to reduce the number of required modules by one in six, leading to cost savings and simplified control systems. The driver is particularly suitable for offshore wind turbines and improves efficiency by reducing switching losses.

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Power Integrations has launched its new SCALE-iFlex™ Single gate-drivers designed for the latest IGBT power modules capable of handling voltages up to 3.3 kV. These advanced drivers, ideal for applications in light-rail and renewable energy, are now available for design-in. Utilizing the innovative SCALE-2™ ASIC technology, they offer significant enhancements in efficiency and reliability. Rated for 20 A peak output current at elevated temperatures, they provide crucial over-voltage protection and meet stringent railway standards.

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FAQ

What is the current stock price of Power Integrations (POWI)?

Power Integrations (POWI) last closed at $49.33.

What is the market cap of Power Integrations (POWI)?

The market cap of Power Integrations (POWI) is approximately $2.8B.