CORRECTION: Power Integrations Q2 Adj. EPS $0.37 Beats $0.32 Estimate, Sales $118.939M Beat $117.440M Estimate
Power Integrations (NASDAQ:POWI) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.32 by 15.62 percent. This is a 5.71 percent increase over earnings of $0.35 per share from
Power Integrations made more money than experts predicted—they earned $0.37 per share when people guessed $0.32, and their sales were higher too. When a company beats what people expected, it shows the business is running well, so that's something to notice when you're watching how the company is doing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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