Power Integrations Inc at Deutsche Bank Technology Conference (Virtual) Transcript
Good afternoon, everyone. We're very pleased to have the management team from Power Integrations here with us today: the CEO, Balu Balakrishnan; the CFO, Sandeep Nayyar; and the Head of Investor Relations, Joe Shiffler, also known as the best dressed management team in semis today. They even made me put my jacket on.
Questions & Answers
So guys, thank you very much for attending and joining virtually. First question I have is somewhat specific to you guys. But if I went back to the beginning of this year, you were amongst the most cautious management teams. Some of it was company-specific and end market-specific.
You were worried about excess orders, double orders, inventory, et cetera. And you upsided those cautious numbers in the first quarter and second quarter. And then the most interesting thing to me was you flipped around and became maybe not the most bullish, but a lot more bullish than you were before. So what
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