CORRECTION: Power Integrations Q2 Adj. EPS $0.37 Beats $0.32 Estimate, Sales $118.939M Beat $117.440M Estimate
Power Integrations (NASDAQ:POWI) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.32 by 15.62 percent. This is a 5.71 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $118.939 million which beat the analyst consensus estimate of $117.440 million by 1.28 percent. This is a 2.66 percent increase over sales of $115.852 million the same period last year.
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