Power Integrations, Inc. (POWI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. Welcome to the Power Integrations Corporated Q2 earnings call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If, at any time during this call, you require an immediate assistance, please press star zero for the operator. I would now like to turn the conference over to Joe Schiffler, Director of Investor Relations. Please go ahead. Thanks, Aubrey. Good afternoon, everyone. Thanks for joining us. With me on the call today are Executive Chairman Balu Balakrishnan, our CFO Sandeep Nair, and for the first time, Jen Lloyd, who joined Power Integrations last month as President and CEO. After prepared remarks from Balu, Jen, and Sandeep, we'll take your questions. But first, 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, other operating expenses stemming from an employment litigation matter, 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&A session, will include forward-looking statements denoted by words like will, would, could, should, expect, outlook, forecast, estimate, anticipate, and similar expressions that look toward future events or performance. Such statements are subject to risks and uncertainties that may cause actual results that differ materially from those projected or implied. Such risks are discussed in today's press release and in our most recent Form 10-K filed with the SEC on February 7, 2025. This calls the property of power integrations And any recording or rebroad...