Earnings Preview: Power Integrations

Published on Wednesday, 02 February 2011 12:27 Written by Gerard Lerod

New York, February 2nd (TradersHuddle.com) - Shares of Power Integrations, Inc. (NASDAQ:POWI) are trading lower by -0.51% ahead of its quarterly earnings release. Power Integrations, the maker of proprietary, high-voltage, analog integrated circuits for use in ac to dc conversion is expected to release its quarterly results on February 3^rd.

Wall Street Analysts consensus calls for a profit of $0.38 a share on $70.2 million revenue.

Power Integrations estimates have a range of $0.07 a share. The high estimate calls for profit of $0.41 a share and the low estimate is calling for a profit of $0.34 a share, a year ago for the quarter the company reported $0.42 a share.

Power Integrations, Inc. (NASDAQ:POWI) designs, develops, and markets analog integrated circuits for use in alternating current (AC) to direct current (DC) power conversion. The Company sells its products to original equipment manufacturers in the cellular telephone, consumer electronics, personal computer, and industrial electronics industries.