US7392761034 - Common Stock
Financial writer reports that Power Integrations stock dropped 2% after being downgraded, as demand for USB power delivery chargers is declining.
Tracking-chip maker Impinj delivered a big beat-and-raise earnings report, which gave PI stock an adrenaline shot on Friday.
Power Integrations (POWI) declares $0.20/share quarterly dividend, in line with previous. Forward yield 1.02% Payable March 29; for shareholders of record Feb.
Power Integrations reported better-than-expected Q4 earnings, with Non-GAAP EPS beating estimates by $0.07.
The major indexes ended long win streaks. Datadog led earnings winners.
Chipmaker Macom edged above Wall Street's targets for its fiscal Q4 but guided analysts lower for the current period. MTSI stock rose.
Power Integrations (POWI) has declared a $0.20/share quarterly dividend, indicating a 5.3% increase from the previous payout.
Power Integrations reported disappointing financial results for the third quarter, missing both earnings per share and revenue estimates.
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