Power Integrations today announced financial results for the quarter ended March 31, 2016. Net revenues for the first quarter were $85.3 million, down two percent from the prior quarter and up three percent compared to the first quarter of 2015. Net income was $8.8 million or $0.30 per diluted share, compared to $0.44 in the prior quarter and $0.21 in the first quarter of 2015. Cash flow from operations for the first quarter was $20.3 million.
The U.S. Environmental Protection Agency (EPA) has begun working with stakeholders on the second draft of an ENERGY STAR specification for a new product group called "Connected Thermostats." These are products that control an area's heating, ventilation, and air conditioning (HVAC) with the added ability to communicate with external sources.
To learn how the new spec is taking shape, read Mr. Green's latest blog.
Power Integrations today announced its InnoSwitch™-CE ICs, a new clade of its InnoSwitch family of off-line CV/CC flyback switcher ICs. The new devices are optimized for consumer electronics applications where government regulations for Total Energy Consumption (TEC) are of utmost importance.
To better address changing TV technology, the U.S. Environmental Protection Agency (EPA) is proposing to expand the ENERGY STAR TV program to now include devices that don't contain internal tuners. To get the specifics on the proposal and its impact on energy consumption requirements, read Mr. Green's latest blog.
Power Integrations today announced the addition of a 900 V device to its InnoSwitch™-EP family of off-line CV/CC flyback switcher ICs. The new device targets power supplies operating from high-voltage DC and three-phase power sources found in industrial, motor-drive, metering and renewable energy applications, and standard mains-voltage applications where continuous operation during line swells and surges is required.