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Power Integrations shares drop 23% ahead of Q3 earnings release

Earnings Whispers · ·by G4L

POWI
POWI Power Integrations Inc
$44.29 +10.01%
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  1. 1Power Integrations shares have recorded a 23% decline since the previous quarter.
  2. 2The company will report revenue of $126 million and earnings per share of $0.26 as expected by The Street.
  3. 3Management provided a non-GAAP operating margin guideline of 17% to 19%.

So what's the key point?

Power Integrations shares have fallen by 23%. This is happening ahead of the earnings report expected by experts.

Source Earnings Whispers · View original ↗

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