The third quarter financial results of Power Integrations (NASDAQ: POWI) will be unveiled on Wednesday 6th November 2024. This eagerly awaited announcement is scheduled to occur after market close.
Financial analysts on Wall Street are anticipating that the establishment will announce an estimated $0.36 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $114.78 million for this period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $431.9 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $1.23 during the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.46, attributed to the company's total revenue of $125.51 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.28 | -22.2% | 106.20 M | -13.8% |
| Q1 2024 | $0.18 | -28.0% | 91.69 M | -13.7% |
| Q4 2023 | $0.22 | -54.2% | 89.51 M | -28.3% |
| Q3 2023 | $0.46 | -45.2% | 125.51 M | -21.7% |
| Q2 2023 | $0.36 | -65.0% | 123.22 M | -33.0% |
| *Growth on year-over-year basis | ||||
POWI has scheduled a conference call on 6th November 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
Power Integrations (POWI) experienced a trading range of $60.66 to $62.97, along with a total volume of 344.90 thousand shares during the day. The stock concluded Friday's regular trading session at $62.83, indicating an advance of 3.97 percent.
