Benzinga | Jul 30, 2020 04:19PM EDT

Power Integrations Q2 EPS $0.66 Beats $0.64 Estimate, Sales $106.83M Beat $106.36M Estimate

Power Integrations (NASDAQ:POWI) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.64 by 3.13 percent. This is a 17.86 percent increase over earnings of $0.56 per share from the same period last year. The company reported quarterly sales of $106.83 million which beat the analyst consensus estimate of $106.36 million by 0.44 percent. This is a 3.86 percent increase over sales of $102.86 million the same period last year.