A new printed circuit board flat fluxgate sensor with integrated coils and amorphous alloy core was developed and its excitation parameters optimized for low-power consumption. The power consumption achieved with 10 kHz, 300 mA p-p pulse excitation with duty cycle 12.5% was only 3.9 mW, which is three times lower than that for sinewave B excitation. The sensor sensitivity reached 94 V/T. The required excitation bridge supply voltage was only 0.47 V. The low-cost low-power sensor has a temperature offset stability of 120 nT in the -20 to +70 degC temperature range and 0.17%/degC open-loop sensitivity tempco due to the use of a new core embedding technique. The perming error due to 10 mT field shock was suppressed below 1.2 muT. The short-time offset stability was 38 nT within 3 h. Thus the developed sensor is more precise and less energy consuming than a periodically flipped anisotropic magnetoresistance (AMR) sensor. The achieved parameters are sufficient for compass with 0.1deg error.