Power Integrations Inc (NAS:POWI)
$ 74.57 -1.02 (-1.35%) Market Cap: 4.23 Bil Enterprise Value: 3.93 Bil PE Ratio: 81.05 PB Ratio: 5.73 GF Score: 86/100
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Q3 2020 Power Integrations Inc Earnings Call Transcript

Oct 29, 2020 / 08:30PM GMT
Release Date Price: $58.37 (+5.11%)
Operator

Good afternoon. My name is Tegan, and I will be your conference operator today. At this time, I would like to welcome everyone to the Power Integrations Third Quarter Earnings Conference call. (Operator Instructions)

Mr. Joe Shiffler, you may begin.

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

Good afternoon, thanks for joining us. With me on the call today are Balu Balakrishnan, President and CEO of Power Integrations; and Sandeep Nayyar, our Chief Financial Officer. On August 18, our integrations executed a 2 for 1 stock split in the form of a stock dividend with 1 new share issued for each outstanding share. In our presentation of the Q3 results, all prior period shares outstanding and per share measures have been adjusted for the split.

Also during this call, we will refer to financial measures not calculated according to GAAP. Non-GAAP measures exclude stock-based compensation expenses, amortization of acquisition-related intangible assets and the tax effects of these items. A reconciliation of

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