POWER INTEGRATIONS INC. overview

Power Integrations (Nasdaq: POWI ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Balu Balakrishnan, the company’s CEO since 2002, will retire from that role once a successor is in place. The company’s board of directors has retained an executive search firm to assist in identifying its next CEO; both internal and external candidates will be considered. Mr. Balakrishnan, 70, intends to serve as executive chairman of the company’s...

Power Integrations (NASDAQ: POWI ) today announced financial results for the quarter and year ended December 31, 2024. Net revenues for the fourth quarter were $105.2 million, down nine percent from the prior quarter and up 18 percent from the fourth quarter of 2023. GAAP net income for the fourth quarter was $9.1 million or $0.16 per diluted share compared to $0.25 per diluted share in the prior quarter and $0.25 per diluted share in the fourth quarter of 2023. Cash flow from operations for the...

Power Integrations (Nasdaq: POWI ), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that Gregg Lowe will join the company’s board of directors on February 15, 2025. From 2017 until 2024 Mr. Lowe was CEO of Wolfspeed, Inc., where he led the company’s transition to a pure-play manufacturer of silicon-carbide solutions for high-power applications. Previously, he was CEO of Freescale Semiconductor from 2012 until its 2015 merger with NXP...

Power Integrations (NASDAQ: POWI ), 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...

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. Members of the investment community can register for the telephonic conference call by visiting https://emportal.ink/3C0h3y6 . A live and archived audio webcast of the conference call will be available on the company’s investor website at https://investors.power.com . About Power...

Power Integrations (NASDAQ: POWI ), 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. This press release...

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...

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. The webcast will be available live and archived on the investor page of the company’s website, investors.power.com . About Power Integrations Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power-conversion. The company’s products...