Power Integrations reported first-quarter revenue of $108.3 million, up 3% year over year and 5% sequentially. Industrial market growth offset weaker consumer sales tied to last year’s appliance-related inventory pull-ins. The print suggests modest underlying improvement, though the headline remains more incremental than transformative.
Power Integrations reported first-quarter revenue of $108.3 million, up 3% year over year and 5% sequentially. Industrial market growth offset weaker consumer sales tied to last year’s appliance-related inventory pull-ins. The print suggests modest underlying improvement, though the headline remains more incremental than transformative.
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mildly positive
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