Power Integrations, Inc. - Common Stock (POWI)

Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced MotorXpert™ v3.0, a software suite for configuration, control and sensing of BLDC inverters that utilize the company’s BridgeSwitch™ motor-driver ICs. The latest release of the software incorporates Power Integrations’ shuntless and sensorless technology for field-oriented control (FOC), adding support for advanced modulation schemes and unconditional startup under any load condition, along with significant improvements to the host user interface and debugging tools.

Power Integrations (Nasdaq: POWI) will release its fourth-quarter financial results after market hours on Thursday, February 6, 2025, and will host a conference call that day beginning at 1:30 p.m. Pacific time.

Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today introduced a wide-creepage package option for its InnoSwitch™3-AQ flyback switcher IC for automotive applications. A wide drain-to-source-pin creepage distance of 5.1 mm eliminates the need for conformal coating, making the IC compliant to the IEC60664-1 standard in 800 V vehicles while simplifying manufacturing and increasing system reliability.

Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that it has been Certified™ by Great Place To Work® for a third consecutive year. In a recent anonymous survey, 87 percent of employees said that Power Integrations is a great place to work—30 points higher than the average U.S. company. Additionally, 89 percent reported feeling that they make a difference at the company, while 88 percent said they felt proud to tell others that they work at Power Integrations.

Power Integrations (Nasdaq: POWI) today announced a webcast of the company’s upcoming presentation at the UBS Global Technology and AI Conference in Scottsdale, Ariz. on December 4, 2024 at 2:55 pm Mountain time.

Power Integrations (NASDAQPOWI) today announced financial results for the quarter ended September 30, 2024. Net revenues for the third quarter were $115.8 million, up nine percent from the prior quarter and down eight percent from the third quarter of 2023. GAAP net income for the third quarter was $14.3 million or $0.25 per diluted share compared to $0.09 per diluted share in the prior quarter and $0.34 per diluted share in the third quarter of 2023. Cash flow from operations for the third quarter was $32.9 million.

Subhead of release should read: 1700 V GaN InnoMux-2 IC delivers efficiency of better than 90 percent from a 1000 VDC bus, supplying up to 70 W from three accurately regulated outputs (instead of 1700 V GaN InnoMux-2 IC delivers efficiency of better than 90 percent from a 1000 VDC bus, supplying up to 60 W from three accurately regulated outputs).

Power Integrations (Nasdaq: POWI) will release its third-quarter financial results after market hours on Wednesday, November 6, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. A live and archived audio webcast of the conference call will be available on the company’s investor website at https://investors.power.com.

Power Integrations (NASDAQPOWI) today announced financial results for the quarter ended June 30, 2024. Net revenues for the second quarter were $106.2 million, up 16 percent from the prior quarter and down 14 percent from the second quarter of 2023. GAAP net income for the second quarter was $4.8 million or $0.09 per diluted share compared to $0.07 per diluted share in the prior quarter and $0.26 per diluted share in the second quarter of 2023. Cash flow from operations for the second quarter was $17.6 million.

Power Integrations (Nasdaq: POWI) will release its second-quarter financial results after market hours on Tuesday, August 6, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time. A live and archived audio webcast of the conference call will be available on the company’s investor website at https://investors.power.com.

PCIM Europe – Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today enhanced its hardware-software bundle for brushless DC motors (BLDC) with BridgeSwitch™-2, a new high-voltage integrated half-bridge (IHB) motor-driver IC family targeting applications up to 1 HP (746 W). The new ICs, which feature high- and low-side drivers and advanced FREDFETs with integrated lossless current sensing, deliver inverter efficiency of up to 99 percent. The IHB architecture eliminates hot spots, which increases design flexibility and reliability, slashes component count and saves PCB area. BridgeSwitch-2 is supported by Power Integrations’ MotorXpert™ software suite which includes single-phase trapezoidal control and three-phase sensor-less Field Oriented Control (FOC) modules, speeding inverter development.

Power Integrations (Nasdaq: POWI) today announced webcasts of the company’s presentations at two upcoming investor conferences:

Power Integrations (NASDAQPOWI), the leader in gate driver technology for medium- and high-voltage inverter applications, today announced the launch of the SCALE-iFlex™ XLT family of dual-channel plug-and-play gate drivers for operation of single LV100 (Mitsubishi), XHP™ 2 (Infineon), HPnC (Fuji Electric) and equivalent semiconductor modules up to 2300 V blocking voltage for wind, energy storage and solar renewable energy installations. This single-board driver enables active thermal management of inverter modules for improved system utilization and reduces the bill-of-material count for increased reliability.

Power Integrations (NASDAQPOWI) today announced financial results for the quarter ended March 31, 2024. Net revenues for the first quarter were $91.7 million, up two percent from the prior quarter and down 14 percent from the first quarter of 2023. GAAP net income for the first quarter was $4.0 million or $0.07 per diluted share compared to $0.25 per diluted share in the prior quarter and $0.12 per diluted share in the first quarter of 2023. Cash flow from operations for the first quarter was $15.9 million.

Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced an agreement to acquire the assets of Odyssey Semiconductor Technologies (OTCQB: ODII), a developer of vertical gallium-nitride (GaN) transistor technology. The transaction is expected to close in July 2024, after which all key Odyssey employees are expected to join Power Integrations’ technology organization.

Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Tuesday, May 7, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time.

Power Integrations (NASDAQPOWI) today announced financial results for the quarter and year ended December 31, 2023. Net revenues for the fourth quarter were $89.5 million, down 29 percent compared to the prior quarter and down 28 percent from the fourth quarter of 2022. GAAP net income for the fourth quarter was $14.3 million or $0.25 per diluted share compared to $0.34 per diluted share in the prior quarter and $0.40 per diluted share in the fourth quarter of 2022.

APEC 2024 – Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced the InnoMux™-2 family of single-stage, independently regulated multi-output offline power-supply ICs. InnoMux-2 ICs consolidate AC-DC and downstream DC-DC conversion stages into a single chip, providing up to three independently regulated outputs for use in white goods, industrial systems, displays and other applications requiring multiple voltages. Elimination of separate DC-DC stages slashes component count, reduces PCB footprint and increases efficiency by as much as 10 percentage points compared to traditional two-stage architectures. Efficiency is aided by the ICs’ 750 V PowiGaN™ gallium-nitride transistors, zero-voltage switching (without an active clamp) and synchronous rectification.

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Power Integrations (NASDAQPOWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced the release of the InnoSwitch™5-Pro family of high-efficiency, programmable flyback switcher ICs. The single-chip switcher achieves over 95 percent efficiency with a novel secondary-side control scheme which achieves zero-voltage switching (ZVS) without a dedicated and costly additional high-voltage switch. The new IC, which features a 750 V or a 900 V PowiGaN™ primary switch, primary-side controller, FluxLink™ isolated feedback and secondary controller with an I2C interface, optimizes the design and manufacture of compact, highly efficient single- or multi-port USB PD adapters. Applications are notebooks, high-end cellphones and other portable consumer products, including designs that require the new USB PD EPR (Extended Power Range) protocol.

Power Integrations (Nasdaq: POWI) will release its fourth-quarter financial results after market hours on Thursday, February 8, 2024, and will host a conference call that day beginning at 1:30 p.m. Pacific time.

Power Integrations (Nasdaq: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that it has been Certified™ by Great Place To Work® for a second consecutive year. In a recent anonymous survey, 85 percent of employees said that Power Integrations is a great place to work—28 points higher than the average U.S. company. Additionally, 91 percent reported feeling that they make a difference at the company, while 86 percent said they would strongly endorse the company to friends and family as a great place to work.

Power Integrations (NASDAQPOWI), the leader in gate-driver technology for medium- and high-voltage inverter applications, today announced a new family of plug-and-play gate drivers for 62 mm silicon-carbide (SiC) MOSFET and silicon IGBT modules rated up to 1700 V, with enhanced protection features to ensure safe, reliable operation. SCALE™-2 2SP0230T2x0 dual-channel gate drivers deploy short-circuit protection in less than two microseconds, protecting the compact SiC MOSFETs against damaging over-currents. The new drivers also include advanced active clamping (AAC) to protect the switches against over-voltage during turn-off, enabling higher DC link operating voltages.

Power Integrations (Nasdaq: POWI) today announced a webcast of the company’s presentation at the UBS Global Technology Conference in Scottsdale, Arizona on November 29, 2023 at 8:15 a.m. Mountain time. The live webcast will be available at the investor page of the company’s website, investors.power.com.

Power Integrations (NASDAQPOWI) today announced financial results for the quarter ended September 30, 2023. Net revenues for the third quarter were $125.5 million, up two percent compared to the prior quarter and down 22 percent from the third quarter of 2022. Net income for the third quarter was $19.8 million or $0.34 per diluted share compared to $0.26 per diluted share in the prior quarter and $0.80 per diluted share in the third quarter of 2022. Cash flow from operations for the third quarter was $26.7 million.