Trade Power Integrations Inc - POWI CFD

About Power Integrations Inc

Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion. The Company's products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. The Company's ICs used in alternating current (AC)-direct current (DC) power supply convert high-voltage AC from a wall outlet to the low-voltage DC required by electronic devices. The Company offers a range of products, such as TOPSwitch, TinySwitch, LinkSwitch and Hiper families. The Company also offers CapZero and SenZero families. The Company offers a range of high-voltage gate-driver products sold under the SCALE and SCALE-II product-family names. The DPA-Switch family of products is a monolithic high-voltage DC-DC power conversion IC designed specifically for use in distributed power architectures.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Power Integrations Inc revenues increased 44% to $703.3M. Net income increased from $71.2M to $164.4M. Revenues reflect Hong Kong/China segment increase of 46% to $447M, Other foreign segment increase of 75% to $60M. Net income benefited from General and administrative decrease of 1% to $24.3M (expense). Dividend per share increased from $0.42 to $0.54.

Equity composition

Common Stock $.001 Par, 04/11, 140M auth., 28,836,405 o/s., Insiders control 1.97%. 08/06, Co.delisted from NASDAQ to OTC Pink Sheets. 10/06, Exchange changed from OTC Pink Sheets to NASDAQ. 12/06, Co. delisted from NASDAQ to OTC Pink Sheets. 08/07, Exchange changed from OTC Pink Sheets to NASDAQ.