PI has been recognized by the Global Semiconductor Alliance as the Best Financially Managed Semiconductor Company with up to $1 Billion in annual sales at the 2020 GSA Awards.
Power Integrations today announced financial results for the quarter ended September 30, 2020. Net revenues for the third quarter were $121.1 million, up 13% compared to the prior quarter and up 6% from the third quarter of 2019.
Power Integrations will release its third-quarter financial results after market hours on Thursday, October 29, 2020. The company will conduct a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can register for the call by visiting http://www.directeventreg.com/registration/event/5339866.
Join PI from August 31 to September 4, 2020 for Industry Tech Days hosted by All About Circuits. Visit our virtual booth and attend online presentations to learn about our newest innovations, including PowiGaN technology, BridgeSwitch motor driver ICs and AEC-Q100-qualified solutions for automotive use.
Power Integrations today announced financial results for the quarter ended June 30, 2020. Net revenues for the second quarter were $106.8 million, down three percent compared to the prior quarter and up four percent from the second quarter of 2019. Net income for the second quarter was $13.2 million or $0.44 per diluted share compared to $0.53 per diluted share in the prior quarter and $0.37 per diluted share in the second quarter of 2019. Cash flow from operations for the second quarter was $36.7 million.
