Power Integrations today announced a family of galvanically isolated single-channel gate driver ICs ranging in output current from 2.5 A to 8 A – the industry's highest output current without an external booster. SCALE-iDriver™ ICs, optimized for driving both IGBTs and MOSFETs, are the first products to bring Power Integrations' pioneering FluxLink™ magneto-inductive bi-directional communications technology to 1200 V driver applications.
Power Integrations today announced financial results for the quarter ended March 31, 2016. Net revenues for the first quarter were $85.3 million, down two percent from the prior quarter and up three percent compared to the first quarter of 2015. Net income was $8.8 million or $0.30 per diluted share, compared to $0.44 in the prior quarter and $0.21 in the first quarter of 2015. Cash flow from operations for the first quarter was $20.3 million.
Power Integrations today announced financial results for the quarter and year ended December 31, 2015. Net revenues for the fourth quarter were $87.3 million, down two percent from the prior quarter and up one percent compared to the fourth quarter of 2014. Net income was $12.7 million or $0.44 per diluted share, compared to $0.39 in the prior quarter and $0.48 in the fourth quarter of 2014. Cash flow from operations for the fourth quarter was $24.8 million.
Power Integrations today announced financial results for the quarter ended September 30, 2015. Net revenues for the third quarter were $88.9 million, up four percent from the prior quarter and down one percent from the third quarter of 2014. Commented Balu Balakrishnan, president and CEO of Power Integrations: "Like many of our peers, we experienced soft demand in the industrial end-market during the third quarter. However, revenues increased in each of the other three end-market categories, resulting in overall sequential growth of four percent.
Power Integrations, the leader in IGBT driver technology, today launched its 2SC0115T2A0-12 dual-channel gate-driver core for 90 kW to 500 kW inverters and converters. Leveraging SCALE™-2+ integrated circuit and isolated transformer technology for DC/DC power and switching signal transmission, the new IGBT driver core improves system reliability and performance by eliminating the need for an opto-coupler.