Power Integrations (NASDAQ:POWI) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Power Integrations reported in-line EPS of $0.25 versus an estimate of $0.25.
Revenue was down $75.85 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.07% drop in the share price the next day.
Here’s a look at Power Integrations’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.83 | 0.98 | 0.87 |
| EPS Actual | 0.48 | 0.84 | 1.03 | 0.93 |
| Revenue Estimate | 125.55M | 164.30M | 190.15M | 180.15M |
| Revenue Actual | 124.77M | 160.23M | 183.99M | 182.15M |
To track all earnings releases for Power Integrations visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
