Power Integrations Reports 2018 Third-Quarter Financial Results
Power Integrations today announced financial results for the quarter ended September 30, 2018.
October 25th, 2018
Power Integrations today announced financial results for the quarter ended September 30, 2018. Net revenues for the third quarter were $110.1 million, an increase of one percent from the prior quarter and a decrease of one percent from the third quarter of 2017. Net income for the quarter was $17.7 million or $0.59 per diluted share, compared to net income of $0.51 per diluted share in the prior quarter and $0.54 per diluted share in the third quarter of 2017. Cash flow from operations was $23.2 million for the quarter.
Learn more about today's announcement here.