Power Integrations Reports Second-Quarter Financial Results

Power Integrations today announced financial results for the quarter ended June 30, 2015. Net revenues for the second quarter were $85.3 million, up three percent from the prior quarter and down four percent from the second quarter of 2014.

Commented Balu Balakrishnan, president and CEO of Power Integrations: "Like many of our industry peers, we experienced lower-than-expected demand in the second quarter. However, we proactively adjusted our operating expenses during the quarter and delivered solid earnings and strong cash flow.

European Union Reconsiders Efficiency Label

In a recent move, the European Union has proposed returning to an earlier version of its efficiency labeling system for consumers. To learn about the reasoning behind the decision and about other changes in the EU efficiency strategy, visit the Green Room.

Power Integrations to Announce Second-Quarter Financial Results

Power Integrations will release its second-quarter financial results after market hours on Wednesday, July 29, 2015. The company will conduct a conference call that day beginning at 1:45 p.m. Pacific time. Members of the investment community can join the call by dialing 1-647-788- 4901. Live and archived audio webcasts of the conference call will be available on the Power Integrations Investors page.

EPA Revises Large Network Equipment Spec

In the second draft of its proposed spec for large network equipment, the U.S. Environmental Protection Agency (EPA) has revised definitions and program requirements. To learn the details about these and other proposed changes, read Mr. Green's Blog.