Benzinga | Jul 29, 2021 04:32PM EDT

Power Integrations Q2 Adj. EPS $0.83 Beats $0.75 Estimate, Sales $180.11M Beat $174.13M Estimate

Power Integrations (NASDAQ:POWI) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.75 by 10.67 percent. This is a 25.76 percent increase over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $180.11 million which beat the analyst consensus estimate of $174.13 million by 3.43 percent. This is a 68.59 percent increase over sales of $106.83 million the same period last year.