Power Integrations, Inc. (POWI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Power Integrations Q3 earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please raise your hand. If you have dialed into today's call, please press star nine to raise your hand and star six to unmute when your name is called. I would now like to turn the call over to Joe Schiffler, Director of Investor Relations. Please go ahead. Thank you, Aiden. Good morning, everyone. Thanks for joining us. With me on the call today are our CEO, Jen Lloyd, and interim CFO, Eric Verity. We're doing a pre-market earnings release this morning, since we'll be traveling later today to Chicago, where we'll be attending the Stiefel Midwest one-on-one conference tomorrow. We look forward to seeing some of you there. Later this quarter, we'll also be attending the UBS Technology and AI Conference in Arizona on December 3rd, and the virtual Northland Securities Growth Conference on December 16th. Our discussion today will include forward-looking statements denoted by words like will, expect, should, outlook, forecast, and similar expressions look towards future events or performance. Such statements are subject to risks that may cause actual results to differ 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. During this call, we will refer to financial measures not calculated according to GAAP. Non-GAAP measures in the third quarter exclude stock-based compensation expenses, amortization of acquisition-related intangible assets, expenses associated with an employment litigation matter, and the tax effects of these items. The reconciliation of non-GAAP measures to our GAAP results is inc...