Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to allegations of misleading statements and quality control issues affecting the company's products [1][2]. Allegations - The complaint alleges that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [1]. - These defects negatively impacted the performance of products offered by Nvidia, Monolithic's largest customer [1]. - Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia [1]. - The relationship between Monolithic and Nvidia has been irreparably damaged due to these performance and quality control issues [1]. Class Action Details - The class period for the lawsuit is from February 8, 2024, to November 8, 2024 [1]. - Shareholders are encouraged to register for the class action by April 7, 2025, to potentially become lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3].

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Monolithic Power Systems Inc. ("Monolithic" or the "Company") (NASDAQ: MPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Monolithic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 8, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/monolithic-l ...

SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Monolithic Power Systems, Inc. (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, both dates inclusive (the "Class Period"), have until April 7, 2025 to seek appointment as lead plaintiff of the Monolithic Power Systems class action lawsuit.  Captioned Waterford Township General Employees Retirement System v. Monolithic Power Systems, Inc., No. 25-cv-00220 (W.D. Wash.), the Monolith ...

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Monolithic Power Systems Inc. (NASDAQ: MPWR).Shareholders who purchased shares of MPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/monolithic-loss-submission-form/?id=127861&from=4CLASS PERIOD: February 8, ...

Monolithic Power Systems, Inc. (MPWR) reported strong fourth-quarter 2024 results, wherein the top and bottom lines beat the respective Zacks Consensus Estimates. The Kirkland, WA-based company witnessed healthy revenue growth year over year, backed by solid momentum in the Enterprise Data, Automotive, Storage and Computing verticals.Find the latest EPS estimates and surprises on Zacks Earnings CalendarNet IncomeNet income, on a GAAP basis, was $1.44 billion or $29.88 per share compared with $96.9 million o ...

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Monolithic Power Systems Inc. ("Monolithic" or the "Company") (NASDAQ: MPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Monolithic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 8, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/monolithic-la ...

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q4 2024 Results Conference Call February 4, 2025 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Bernie Blegen - Executive Vice President and Chief Financial Officer Michael Hsing - Chairman of the Board, President and Chief Executive Officer Tony Balow - Vice President of Finance Conference Call Participants Tore Svanberg - Stifel Rick Schafer - Oppenheimer Ross Seymore - Deutsche Bank Gary Mobley - Loop Capital Qu ...

Monolithic Power (MPWR) reported $621.67 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 36.9%. EPS of $4.09 for the same period compares to $2.88 a year ago.The reported revenue represents a surprise of +1.83% over the Zacks Consensus Estimate of $610.51 million. With the consensus EPS estimate being $4.01, the EPS surprise was +2.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Monolithic Power (MPWR) came out with quarterly earnings of $4.09 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $2.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2%. A quarter ago, it was expected that this chipmaker would post earnings of $3.96 per share when it actually produced earnings of $4.06, delivering a surprise of 2.53%.Over the last four quarters, the company ha ...

Financial Data and Key Metrics Changes - In 2024, Monolithic Power Systems (MPS) achieved full-year revenue of $2.2 billion, representing a 21% increase from 2023 [4] - For Q4 2024, MPS reported record quarterly revenue of $621.7 million, which is 37% higher than Q4 2023 and above Q3 2024 [4] Business Line Data and Key Metrics Changes - MPS introduced a silicon carbide inverter for high-powered clean energy applications, with initial revenue expected to ramp in late 2025 [5] - The company launched a battery management solution for enterprise notebooks, which is expected to enhance charge time and battery life significantly [6] - MPS is developing new high-accuracy 24-bit converters anticipated to ramp in the second half of 2025 [6] Market Data and Key Metrics Changes - The automotive sector continues to grow, with expectations for strong performance in Q1 2025, driven by new product launches and design wins [12] - The communications market is rebounding, particularly with new products launched in Q3 2024, contributing to growth in Q1 2025 [12] - Demand in the memory sector is also strong, while enterprise data is expected to decline in the near term [12][13] Company Strategy and Development Direction - MPS is transitioning from a chip-only semiconductor supplier to a full-service silicon-based solutions provider, focusing on innovation and market diversification [8] - The company plans to capture future growth opportunities by investing in new technology and expanding into new markets [7] - A quarterly dividend increase of 25% to $1.56 per share was announced, alongside a new $500 million share repurchase program [8] Management's Comments on Operating Environment and Future Outlook - Management anticipates a slower start in the first half of 2025, with growth expected to accelerate in the second half as new products are launched [16][17] - The enterprise data segment is expected to be flattish for the year, with growth anticipated in the latter half due to new product ramps [60] - Management remains cautiously optimistic about the overall market dynamics and the company's positioning within it [81] Other Important Information - MPS has returned 86% of its free cash flow to shareholders through share repurchases and dividends over the past three years [8] - The company is preparing for an Investor Day on March 20, 2025, to showcase its vision for innovation and long-term growth strategy [121] Q&A Session Summary Question: Dynamics in March by segment - Management noted that automotive and communications are expected to drive growth, while enterprise data may see a decline [12][13] Question: Enterprise data growth trajectory for 2025 - Management indicated that enterprise data could be flattish for the year, with growth expected in the second half as new products ramp up [16][60] Question: Number of accelerated projects expected to ramp - Management stated that they are engaged across all hyperscalers, but exact ramp timings are difficult to predict [25][26] Question: EV conversion and content per vehicle - Management highlighted that they are well-positioned to capture significant content in EVs with their 48-volt integrated solutions [32][34] Question: Market share dynamics in enterprise data - Management acknowledged that the lines between CPU and GPU markets are becoming blurred, making it challenging to provide precise commentary [44] Question: Notebook strength in Q1 - Management believes that recent design wins in notebooks are tied to new AI product demand, contributing to strength in Q1 [114] Question: Revenue diversification outside traditional markets - Management indicated that new markets such as silicon carbide and DSP audio could represent significant growth opportunities, but specific revenue projections were not provided [52][53]