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.
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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.