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20.05.26 - 23:33
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Power Integrations Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) (Business Wire)
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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced that on May 15, 2026 (the Grant Date), it granted 32,768 restricted stock units (RSUs), 3,245 performance stock units (PSUs) and 21,845 long term performance stock units (PRSUs) at target to Michael Balow, who began employment as Senior Vice President, Worldwide Sales in May 2026.
In addition, on the Grant Date, the company granted a total of 8,931 RSUs and 1,254 PSUs at target to several new employees who began their employment with Power Integrations in April and May 2026.
The inducement grants were issued pursuant to Power Integrations' Amended and Restated 2025 Inducement Award Plan. One-fourth (1/4th) of the RSUs will vest on each of the first four anniversaries of the Grant Date, subject to the recipient's continued service through each applicable vesting date. The PSUs and PRSUs will vest based upon achievement of the company's performance metrics for 2026 and 2028, respectively, as determined by the talent and ...
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07.05.26 - 22:03
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Power Integrations Reports First-Quarter Financial Results (Business Wire)
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Revenue increased three percent year-over-year to $108.3 million; cash flow from operations was $20.0 millionSAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI) today announced financial results for the quarter ended March 31, 2026. Net revenue for the first quarter was $108.3 million, up five percent from the prior quarter and up three percent from the first quarter of 2025. GAAP net income for the first quarter was $3.3 million or $0.06 per diluted share compared to $0.24 per diluted share in the prior quarter and $0.15 per diluted share in the first quarter of 2025. Cash flow from operations for the first quarter was $20.0 million.
In addition to its GAAP results, the company provided non-GAAP measures that exclude stock-based compensation, amortization of acquisition-related intangible assets, a restructuring charge associated with previously announced workforce reductions and the tax effects of these items. Non-GAAP net income for the first quarter of 2026 was $13.9 million or $0.25 ...
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17.04.26 - 23:36
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Power Integrations Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) (Business Wire)
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SAN JOSÉ, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced that on April 15, 2026 (the Grant Date), it granted a total of 89 restricted stock units (RSUs) to one new employee who began employment with Power Integrations in April 2026.
This inducement grant was granted pursuant to Power Integrations' Amended and Restated 2025 Inducement Award Plan. One-fourth (1/4th) of the RSUs will vest on each of the first four anniversaries of the Grant Date, subject to the recipient's continued service through each applicable vesting date. The inducement grant is subject to the terms and conditions of the applicable RSU agreement and Power Integrations' Amended and Restated 2025 Inducement Award Plan.
The inducement grant was approved by the talent and compensation committee of Power Integrations' board of directors, as required by Nasdaq Rule 5635(c)(4), and was granted as a material inducement to employment in accordance with Nasdaq Rule 5635(c)(4).
About Power Integrations
Power Integ...
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16.04.26 - 23:06
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Power Integrations to Webcast First-Quarter Earnings Conference Call on May 7 (Business Wire)
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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Thursday, May 7, 2026, and will host a conference call that day beginning at 1:30 p.m. Pacific time.
A live and archived audio webcast of the conference call will be available on the company's investor web page at https://investors.power.com. Dial-in participants can register for the conference call by clicking here and completing the online form.
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company's products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com.
Power Integrations and the Power Integrations logo are trademarks or registered trademarks of Power Int...
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05.03.26 - 23:48
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Power Integrations Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) (Business Wire)
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SAN JOSÉ, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced that on March 2, 2026, it granted a total of 21,595 restricted stock units (RSUs) and 2,786 performance stock units (PSUs) to several new employees who began their employment with Power Integrations in February 2026. Pursuant to the related offer letter, such PSUs shall be prorated based on hire date.
The grants were issued pursuant to Power Integrations' Amended and Restated 2025 Inducement Award Plan. The RSUs will vest annually over four years, subject to continued service through each applicable vesting date. The PSUs will vest based upon achievement of the company's performance metrics for 2026, as determined by the talent and compensation committee of the company's board of directors, up to a maximum of 200% of the target number of PSUs, as applicable, subject to continued service through December 31 of the applicable year. The grants are subject to the terms and conditions of the applicable RSU and PSU agreemen...
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