Power Integrations announced financial results for the quarter ended June 2008. The company's net revenues for the quarter were $53.6 million, up 24 percent compared to $43.2 million in the second quarter of 2007, and up three percent sequentially compared to $51.8 million in the first quarter of 2008. GAAP net income was $7.6 million, compared to $6.8 million in the year-ago quarter and $7.2 million in the first quarter of 2008.