Reports Q3 revenue $118.92M, consensus $118.36M. Power Integrations (POWI) CEO Jennifer Lloyd commented: “Our industrial business remains on track for strong growth in 2025 after a 20 percent year-over-year increase in the third quarter, while orders for consumer appliances continue to be soft after accelerated shipments earlier in the year ahead of U.S. tariffs. Overall, we are on course for solid growth in 2025 despite the challenging economic backdrop, and remain focused on secular growth opportunities in high voltage, including GaN, grid modernization, electric transportation and data center. Last month we detailed the capabilities of our 1250- and 1700-volt PowiGaN technologies for next-gen AI data centers, including our collaboration with NVIDIA on 800 VDC power architecture.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on POWI:
- POWI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Power Integrations says collaborating with Nvidia on transition to 800 VDC power
- Power Integrations: Strong Position and Future Growth Potential Amid Leadership Transition
- Power Integrations CFO Sandeep Nayyar Resigns
- Power Integrations CFO Nayyar to leave company, Verity named interim CFO