Power-One, Inc. (PWER) posted fourth-quarter net income attributable to common shareholders of $5.4 million or $0.05 per share compared with $1.7 million or $0.02 per share in the prior year period.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter increased by 9% to $142 million from $130 million in the same quarter last year.
Analysts expected revenues of $114.87 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.