2024-02-19 10:10:42 ET
Summary
- POWI delivered a mixed report, which was soft in several ways, but it also delivered an upbeat outlook calling for better times.
- The current downturn in demand has badly affected POWI, but POWI thinks it can get back to the boom years of FY2020-2022 in relatively short order.
- There are several reasons why POWI may not see a return to previous revenue levels anytime soon worth mentioning.
- POWI was clear as to what to expect, but whether it will be right, or wrong as before, remains to be seen.
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Power Integrations: Question Marks Remain Over The Outlook