Power Integrations, Inc. (NASDAQ:POWI) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
| Exhibit 99.1. | Press release dated July 27, 2017 |
POWER INTEGRATIONS INC ExhibitEX-99.1 2 a51598342ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 Power Integrations Reports Second-Quarter Financial Results Revenues grew ten percent year-over-year to $107.6 million; cash flow from operations was $24.1 million GAAP earnings were $0.46/diluted share; non-GAAP earnings were $0.69/diluted share SAN JOSE,…To view the full exhibit click here
About Power Integrations, Inc. (NASDAQ:POWI)
Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. The Company’s products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. Its alternating current (AC)-direct current (DC) power conversion products are TinySwitch, LinkSwitch and Hiper families. Its Insulated-gate bipolar transistor drivers products are the SCALE and SCALE-2 product-families. Its High-voltage DC-DC products are DPA-Switch family, which is monolithic high-voltage DC-DC power conversion IC designed for use in distributed power architectures. Its power supplies are used with electronic products, including mobile phones, computers, electronic utility meters, industrial controls and light emitting diodes lights. It sells products to original equipment manufacturers and merchant power supply manufacturers.