Power Integrations Forecasts Q4 Revenue Between $118M-$126M and Targets SAM Growth by 2031
Power Integrations (POWI) reported solid third-quarter results, characterized by a 5% sequential increase in revenue. The company's performance was primarily driven by strong growth in its Gallium Nitride (GaN) product line. Management noted that the firm exceeded previous outlooks regarding both gross margins and operating expenses. Looking ahead, the company has provided Q4 revenue guidance in the range of $118 million to $126 million. Furthermore, leadership expressed long-term confidence in their market position, setting a strategic goal to double their Serviceable Addressable Market (SAM) by 2031.
Tickers: $POWI
Topics: earnings beat GaN products gross margin revenue growth
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Part of the story Power Integrations Reports Q3 2026 Growth Driven by GaN Products and Industrial Strength (4 articles)