Power Integrations reports Q4 adjusted EPS 30c, consensus 28c

Reports Q4 revenue $105.2M, consensus $105.14M. Commented Balu Balakrishnan, chairman and CEO of Power Integrations (POWI): “Fourth-quarter revenues were up 18 percent year-over-year, and we expect another double-digit increase in the first quarter. While the demand outlook is cloudy, especially in light of uncertainty around trade policy, we expect growth in a variety of end-markets in 2025, including renewable energy, high-voltage DC transmission, metering, automotive, appliances and more. Products featuring our proprietary PowiGaN technology should contribute significant growth this year as adoption accelerates across a broad set of high-voltage power-conversion applications.”