Power Integrtns Stock Price, News & Analysis

Power Integrations (POWI) is set to announce its second-quarter financial results on August 4, 2022, after market hours. A conference call will follow at 1:30 p.m. Pacific time. Investors can register for the call through their website. Power Integrations is recognized for its semiconductor technologies essential for renewable energy generation and power-efficient applications. This announcement is crucial for shareholders to assess the company’s performance in the second half of the year.

Power Integrations (NASDAQ:POWI) has introduced new control software for three-phase BLDC motor drives, achieving over 98.2% efficiency and reducing PCB space by 70%. This hardware-software solution uses the BridgeSwitch integrated half-bridge driver and the Motor-Expert configuration tool. The software allows real-time motor speed and torque adjustments and simplifies design by eliminating costly external components. The new solution is well-suited for various appliances, including air conditioner fans and refrigerator compressors, enhancing performance while minimizing complexity.

Power Integrations (NASDAQ: POWI) announced upcoming webcasts featuring company executives at major investor conferences. The Cowen Technology, Media & Telecom Conference is scheduled for June 2, 2022, at 2:10 p.m. ET, followed by the Stifel Cross-Sector Insight Conference on June 7, 2022, at 10:20 a.m. ET. Investors can access live and archived webcasts on the company’s investor page at investors.power.com. Power Integrations specializes in semiconductor technologies for high-voltage power-conversion and supports the clean-power ecosystem.

Power Integrations (NASDAQ: POWI) has introduced new high-voltage GaN switches that improve efficiency to 95%, enabling ultra-compact USB PD 3.1 adapters. The expanded InnoSwitch™4-CZ family supports adapters and chargers up to 220 W, enhancing design flexibility for power adapter manufacturers. A key feature is that the ICs minimize waste heat and can operate without bulky heatsinks. With a price starting at $3.07 for chipset components, the company aims to meet the growing demand for powerful charging solutions.

Power Integrations has launched the SCALE EV family of gate-driver boards for Infineon EconoDUAL modules, aimed at high-power automotive applications including electric vehicles and heavy machinery. The new drivers are ASIL B/C certified, enhancing safety in traction inverter designs. The first product, 2SP0215F2Q0C, supports 900 A 1200-volt IGBT modules and offers comprehensive protection features. Pricing starts at $200 for 100-piece quantities, with full production expected in Q4 2022.

Power Integrations (NASDAQ: POWI) reported Q1 2022 revenues of $182.1 million, a 5% year-over-year increase. GAAP earnings rose to $0.77 per diluted share, up from $0.65 in Q1 2021. Non-GAAP earnings reached $0.93 per diluted share, compared to $0.76 in the prior year. The company repurchased 1.6 million shares for $135 million and raised its buyback authorization by $75 million. For Q2 2022, POWI expects revenues of $190 million plus or minus $5 million.

Power Integrations (NASDAQ: POAI) will showcase its latest products for electric vehicles and industrial gate driver markets at PCIM Europe 2022 in Nuremberg, Germany from May 10-12, 2022. The exhibit hours are from 9:00 a.m. to 5:00 p.m. Power Integrations will hold panel sessions, including a presentation by CEO Balu Balakrishnan on May 11 and a talk by Senior Director Michael Hornkamp on May 12. Additionally, the company’s products will be featured at partner booths, including those of Infineon Technologies and Hitachi Europe Ltd.

Power Integrations (NASDAQ: POwi) will announce its first-quarter financial results after market hours on April 28, 2022, followed by a conference call at 1:30 p.m. Pacific Time. Investors can register for the call via a provided link. Power Integrations specializes in semiconductor technologies crucial for high-voltage power conversion, contributing to the renewable energy sector and efficient power consumption across various applications.

Power Integrations has opened a new $20 million facility in Biel, Switzerland, dedicated to R&D and product development for gate drivers in renewable energy and electric transportation. The 4,600-square-meter site will house around 60 engineers and is equipped with advanced technology, including a 25-kilowatt rooftop solar array. This facility supports Power Integrations' mission to create innovative products for a low-carbon future.