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Technology / AI and automation

COMPANY RESULT: POWER-ONE INC

Power-One Inc, the Camarillo, California-based designer and manufacturer of power supplies for the electronics equipment sector, has reported third quarter net profits up at $2.1m from profits of $231,000 on revenue up 42.5% at $24.5m; nine-month net rose 77.0% to $4.7m on revenue which was 11.6% higher at $64.6m. Net per share rose to $0.18 from $0.02 in the quarter, increased by 110.5% to $0.40 in the nine months.

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CBR Staff Writer

CBR Online legacy content.