Power Integrations (POWI) reported Q4 non-GAAP earnings late Thursday of $0.30 per diluted share, up from $0.22 a year earlier.

Analysts polled by FactSet expected $0.28.

Net revenue in the three months ended Dec. 31 rose to $105.3 million from $89.5 million a year earlier.

Analysts surveyed by FactSet expected $105.1 million.

In Q1, the company expects revenue to be flat compared with Q4, plus or minus 5%.