- Power Integrations press release ( NASDAQ: POWI ): Q3 Non-GAAP EPS of $0.84 beats by $0.01 .
- Revenue of $160.23M (-9.4% Y/Y) misses by $4.06M .
- Q4 Outlook : Revenues are expected to be $125M plus or minus $5M vs. consensus of $159.89M; GAAP gross margin is expected to be between 55.5 percent and 56 percent. Non-GAAP gross margin is expected to be between 56 percent and 56.5 percent. GAAP operating expenses are expected to be between $49.5M and $50M; non-GAAP operating expenses are expected to be between $42M and $42.5M. Non-GAAP expenses are expected to exclude approximately $7.5M of stock-based compensation.
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Power Integrations Non-GAAP EPS of $0.84 beats by $0.01, revenue of $160.23M misses by $4.06M