2023-08-03 16:18:37 ET
- Power Integrations press release ( NASDAQ: POWI ): Q2 Non-GAAP EPS of $0.36 beats by $0.02 .
- Revenue of $123.2M (-33.0% Y/Y) beats by $0.8M .
- Q3 2023 Revenues are expected to be $130 million plus or minus $5 million.
- Q3 2023 GAAP gross margin is expected to be approximately 53.5 percent, and non-GAAP gross margin is expected to be approximately 54 percent.
- Q3 2023 GAAP operating expenses are expected to be approximately $51 million; non-GAAP operating expenses are expected to be approximately $43.5 million.
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Power Integrations Non-GAAP EPS of $0.36 beats by $0.02, revenue of $123.2M beats by $0.8M