Power Integrations today announced financial results for the quarter ended June 30, 2019. Net revenues for the second quarter were $102.9 million, up 15 percent from the prior quarter and down six percent from the second quarter of 2018. Net income was $10.8 million or $0.37 per diluted share compared to $0.25 per share in the prior quarter and $0.51 in the second quarter of 2018. Cash flow from operations was $19.4 million for the second quarter.
Power Integrations (Nasdaq: POWI) will release its second-quarter financial results after market hours on Thursday, July 25, 2019, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community can join the conference call by dialing 1-647-689-4187. Live and archived audio webcasts of the conference call will be available on the company’s website at http://investors.power.com.