Power Integrations Inc (NAS:POWI)
$ 65.51 0.95 (1.47%) Market Cap: 3.73 Bil Enterprise Value: 3.42 Bil PE Ratio: 99.26 PB Ratio: 4.97 GF Score: 86/100
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Q2 2023 Power Integrations Inc Earnings Call Transcript

Aug 03, 2023 / 08:30PM GMT
Release Date Price: $90.01 (-1.36%)
Operator

Thank you for standing by. My name is Maria, and I will be your conference operator today. At this time, I would like to welcome everyone to the Power Integrations Second Quarter Earnings Conference Call. (Operator Instructions)

I would now like to turn the call over to Joe Shiffler, Director of Investor Relations. Mr. Shiffler, please go ahead.

Joe Shiffler
Power Integrations, Inc. - Director of IR & Corporate Communications

Thank you, Maria. Good afternoon, everyone. Thanks for joining us. With me on the call today are Balu Balakrishnan, Chairman and CEO of Power Integrations; and Sandeep Nayyar, our Chief Financial Officer.

During this call, we will refer to financial measures not calculated according to GAAP. Non-GAAP measures for the second quarter of 2023 exclude stock-based compensation expenses, amortization of acquisition-related intangible assets and the tax effects of these items. A reconciliation of non-GAAP measures to our GAAP results is included in today's press release.

Our discussion today, including the Q&amp

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