Power Integrations, Inc. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was USD 172.65 million compared to USD 150.69 million a year ago. Net income was USD 40.7 million compared to USD 27.28 million a year ago.

Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.45 a year ago.