POWI Earnings Prediction
The chart below shows how POWI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, POWI sees a -0.38% change in stock price 10 days leading up to the earnings, and a +1.17% change 10 days following the report. On the earnings day itself, the stock moves by +0.55%. This data can give you a slight idea of what to expect for the next quarter's release.
POWI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
115.84M
-7.71%
9.08%
Gross Margin
54.53%
3.79%
2.44%
Operating Margin
10.00%
-29.13%
443.48%
Net Margin
12.34%
-21.75%
170.02%
EPS
0.25
-26.47%
177.78%
No Data Available
POWI Earnings Analysis
Power Integrations Inc Corporation (POWI.O) Earnings Conference Call
Positive
Sequential Revenue Increase: Revenue increased by 9% sequentially to $116 million, reflecting strong demand across segments.
Gross Margin Improvement: Non-GAAP gross margin improved to 55.1%, up 1 percentage point from the prior quarter, driven by higher back-end manufacturing volumes.
Earnings Exceed Guidance: Non-GAAP earnings per diluted share were $0.40, exceeding guidance and reflecting operational efficiency.
Dividend Increase and Share Repurchase: The company declared a 5% dividend increase and authorized $50 million for share repurchases, demonstrating strong financial health and commitment to returning value to shareholders.
Q4 Revenue Outlook: The revenue outlook for Q4 is projected at $105 million plus or minus $5 million, indicating confidence in continued growth.
Negative
Soft Demand Impact: The decrease from Q3 reflects a soft demand environment called out this quarter by many of our analog peers and by some of our key customers in the appliance market.
Fourth Quarter Revenue Outlook: Our revenue outlook for the fourth quarter is $105 million plus or minus $5 million.
Operating Expenses Decline: Non-GAAP operating expenses were $43.7 million down $500,000 sequentially, despite the addition of about $0.5 million from Odyssey.
Future Growth Prospects: While we expect sequentially lower revenues in Q4, we are returning to year-over-year growth, as Balum noted, and believe we are poised for strong growth in 2025.
Future Growth Momentum: We expect that momentum to carry into 2025, sustained by strong growth in GaN products and high power, a broad range of new design wins and a return to growth in communications driven by non-cell phone applications.
POWI FAQs
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POWI Earning Call Sentiment
Power Integrations, Inc. (POWI) Q3 2024 Earnings Call Transcript
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POWI.O
-0.01%Positive
The earnings call presents a mixed picture. Positive elements include strong revenue growth and improved margins, alongside a dividend increase and share repurchase authorization. However, these are offset by concerns over soft demand, especially in the appliance market, competitive pressures, and increased channel inventory. The Q&A section highlights optimism in GaN technology but also reveals some evasiveness in management's responses. Given the market cap and these factors, the stock is likely to experience a neutral movement, with potential fluctuations balancing out within the -2% to 2% range.