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Power Integrations Inc. Q4 Profit Rises

March 20, 2024 — 05:46 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Power Integrations Inc. (POWI) announced earnings for its fourth quarter that increased from the same period last year

The company's bottom line totaled C$409 million, or C$0.63 per share. This compares with C$106 million, or C$0.16 per share, in last year's fourth quarter.

Excluding items, Power Integrations Inc. reported adjusted earnings of C$579 million or C$0.89 per share for the period.

Power Integrations Inc. earnings at a glance (GAAP) :

-Earnings (Q4): C$409 Mln. vs. C$106 Mln. last year. -EPS (Q4): C$0.63 vs. C$0.16 last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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