Power Integrations (NASDAQ:POWI) Q2: Beats On Revenue But Quarterly Guidance Underwhelms

By Yahoo! Finance | Aug 6, 2024 at 06:09 PM EST

Power Integrations exceeded Q2 CY2024 revenue expectations but fell short in revenue guidance for the next quarter. Despite a profit decline, analysts foresee future revenue growth. The semiconductor industry's cyclicality and inventory metrics influence investment decisions.

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