Power Integrations Reports Third-Quarter Financial Results

October 24th, 2019

Power Integrations today announced financial results for the quarter ended September 30, 2019. Net revenues for the third quarter were $114.2 million, an increase of 11 percent from the prior quarter and four percent from the third quarter of 2018. Net income was $17.1 million or $0.57 per diluted share, compared to $0.37 per diluted share in the prior quarter and $0.59 per diluted share in the third quarter of 2018. Cash flow from operations was $21.8 million for the quarter.

For more information, see today's press release.