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Power Integrations Sees Q3 Revenue Growth and 3x Increase in Data Center Pipeline

The Motley Fool +1 · ·by G4L

POWI
POWI Power Integrations Inc
$44.29 +10.01%
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  1. 1Power Integrations recorded a 5% quarter-over-quarter revenue growth in Q3.
  2. 2Power Integrations' data center opportunity pipeline has grown 3x since the beginning of this year.
  3. 3Power Integrations achieved a 28% year-over-year increase in non-GAAP EPS for Q3.

So what's the key point?

Power Integrations' Q3 revenue increased by 5% compared to the previous quarter. Data center business opportunities have grown three times, raising expectations for the future.

Source The Motley Fool +1 · View original ↗

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