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Power Integrations Reports 2018 Third-Quarter Financial Results

October 25th, 2018

Power Integrations today announced financial results for the quarter ended September 30, 2018. Net revenues for the third quarter were $110.1 million, an increase of one percent from the prior quarter and a decrease of one percent from the third quarter of 2017. Net income for the quarter was $17.7 million or $0.59 per diluted share, compared to net income of $0.51 per diluted share in the prior quarter and $0.54 per diluted share in the third quarter of 2017. Cash flow from operations was $23.2 million for the quarter.

Learn more about today's announcement here.