As part of the EEWorld Online Webinar Series, Power Integrations will host a three-part webcast event from May 26 to May 28, 2020. Attend the webinar and learn about PI Expert Online, the company's web-based design tool that dramatically accelerates design cycles by turns specifications into a working solution instantly. The event is free. Registration is required.
Power Integrations today announced financial results for the quarter ended March 31, 2020. Net revenues for the first quarter were $109.7 million, down four percent compared to the prior quarter and up 23 percent from the first quarter of 2019. Net income for the first quarter was $15.9 million or $0.53 per diluted share compared to $5.28 per share in the prior quarter and $0.25 in the first quarter of 2019.
Power Integrations will release its first-quarter financial results after market hours on Thursday, May 7, 2020. The company will conduct a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can join the call by dialing 1-647-689-4187 and entering conference ID 5591942 when prompted. Live and archived audio webcast of the conference call will be available on the company’s website at investors.power.com