Power Integrations (POWI) Q3 Earnings and Revenues Beat Estimates
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Power Integrations (POWI) reported Q3 earnings of $0.40 per share, surpassing the Zacks Consensus Estimate of $0.36. However, this is a decrease from $0.46 per share a year ago.
November 06, 2024 | 11:30 pm
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Power Integrations reported Q3 earnings of $0.40 per share, exceeding expectations but down from last year's $0.46.
The earnings beat is a positive indicator for the stock, suggesting better-than-expected performance. However, the year-over-year decline in earnings per share may temper investor enthusiasm.
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IMPORTANCE 80
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