Markets POWI

Power Integrations Inc. Q4 Profit Rises

(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.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available