Power Integrations: Mixed Q3 Results, Lower Q4 Guidance
Update: 2025-11-05
Description
Power Integrations, a semiconductor designer, reported a mixed third quarter for the year 2025. Despite meeting revenue and profit expectations, with sales increasing by 2.7% and non-GAAP profit per share exceeding estimates, the company provided a lower-than-expected revenue guidance for the next quarter. This suggests a potential slowdown. The company's CEO, Jennifer Lloyd, highlighted strong growth in their industrial business and focus on long-term growth opportunities in high-voltage technologies. However, orders for consumer appliances remained soft. The company also reported improved inventory levels, but they are still higher than the five-year average.
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