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Power Integrations Inc - $POWI STOCK NEWS

Welcome to our dedicated page for Power Integrations news (Ticker: $POWI), a resource for investors and traders seeking the latest updates and insights on Power Integrations stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Power Integrations's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Power Integrations's position in the market.

Rhea-AI Summary
Power Integrations provides PowiGaN technology and support for Team aCentauri in the Bridgestone World Solar Challenge
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-2.63%
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Power Integrations to release Q3 financial results on November 7, 2023
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-2.35%
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Power Integrations and SnapMagic announce new export capability for PI Expert design tool
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-0.91%
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Power Integrations launches new non-isolated flyback switcher ICs with best-in-class efficiency and light-load operation for small power supplies.
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-1.68%
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Rhea-AI Summary
Power Integrations (NASDAQ: POWI) announced a 16% sequential increase in revenues to $123.2 million for the second quarter of 2023. GAAP earnings were $0.26 per diluted share, while non-GAAP earnings were $0.36 per diluted share. The company experienced growth in consumer, communication, and computer revenues, with industrial revenues slightly falling. The company also provided a financial outlook for the third quarter, expecting revenues of $130 million plus or minus $5 million, with GAAP gross margin at approximately 53.5% and non-GAAP gross margin at approximately 54%.
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-6.37%
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Power Integrations (Nasdaq: POWI) will release its second-quarter financial results after market hours on Thursday, August 3, 2023. The company will host a conference call at 1:30 p.m. Pacific time. Members of the investment community can register for the call at https://conferencingportals.com/event/fEIobxNC. Live and archived audio webcasts will be available on the company's website at https://investors.power.com.
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-1.12%
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Power Integrations CFO to present at TD Cowen Technology, Media & Telecom conference
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4.65%
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7.63%
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Power Integrations Inc

Nasdaq:POWI

POWI Rankings

POWI Stock Data

3.90B
55.79M
1.24%
105.12%
7.25%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
SAN JOSE

About POWI

power integrations, inc., is a silicon valley-based supplier of high-performance electronic components used in high-voltage power-conversion systems. our integrated circuits and diodes enable compact, energy-efficient ac-dc power supplies for a vast range of electronic products including mobile devices, tvs, pcs, appliances, smart utility meters and led lights. our scale™ igbt drivers enhance the efficiency, reliability and cost of high-power applications such as industrial motor drives, solar and wind energy systems, electric vehicles and high-voltage dc transmission. since its introduction in 1998, power integrations'​ ecosmart® energy-efficiency technology has prevented billions of dollars'​ worth of energy waste and millions of tons of carbon emissions. reflecting the environmental benefits of our products, power integrations'​ stock is a member of clean-technology stock indices sponsored by cleantech group llc and clean edge. visit our green room for a comprehensive guide to energ