Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-51026 Monolithic Power Systems, Inc. (Exact name of registrant as specified in its charter) Delaware 77-0466789 (State or other jurisdiction of ...

Monolithic Power Systems, Inc. (MPWR) reported healthy first-quarter 2024 results, with the bottom and the top lines beating the respective Zacks Consensus Estimate. Despite declining trends in several verticals, the Kirkland, WA-based company witnessed modest revenue growth year over year, backed by strong momentum in the Enterprise Data vertical.Net IncomeNet income, on a GAAP basis, was $92.5 million or $1.89 per share compared with $109.8 million or $2.26 per share in the year-ago quarter. Higher operat ...

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Michael Hsing - Chief Executive Officer and Founder Bernie Blegen - Executive Vice President and Chief Financial Officer Tony Balow - Vice President of Finance Conference Call Participants Tore Svanberg - Stifel Nicolaus Quinn Bolton - Needham & Company Rick Schafer - Oppenheimer Ross Seymore - Deutsche Bank William Stein - ...

Monolithic Power (MPWR) reported $457.89 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.5%. EPS of $2.81 for the same period compares to $3.00 a year ago.The reported revenue represents a surprise of +2.26% over the Zacks Consensus Estimate of $447.76 million. With the consensus EPS estimate being $2.66, the EPS surprise was +5.64%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Monolithic Power (MPWR) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.66 per share. This compares to earnings of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.64%. A quarter ago, it was expected that this chipmaker would post earnings of $2.85 per share when it actually produced earnings of $2.88, delivering a surprise of 1.05%.Over the last four quarters, the company ha ...

Exhibit 99.1 PRESS RELEASE For Immediate Release Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2024 KIRKLAND, WASHINGTON, May 1, 2024-- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended March 31, 2024. ● Revenue was $457.9 million for the quarter ended March 31, 2024, a 0.9% increase from $454.0 million for t ...

KIRKLAND, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended March 31, 2024. Revenue was $457.9 million for the quarter ended March 31, 2024, a 0.9% increase from $454.0 million for the quarter ended December 31, 2023 and a 1.5% increase from $451.1 million for the quarter ended March 31, 2023.   GAAP gros ...

Monolithic Power Systems, Inc. (MPWR) is set to report its first-quarter 2024 results on May 1, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 1.05%. It pulled off a trailing four-quarter earnings surprise of 0.52%, on average. The Kirkland, WA-based company is likely to report lower revenues year over year in the first quarter due to sluggish demand trends in the Consumer, Communications and Industrial verticals. However, strong momentum in the Enterpris ...

The upcoming report from Monolithic Power (MPWR) is expected to reveal quarterly earnings of $2.66 per share, indicating a decline of 11.3% compared to the year-ago period. Analysts forecast revenues of $447.76 million, representing a decrease of 0.7% year over year.The current level reflects a downward revision of 2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this per ...

KIRKLAND, Wash., April 15, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced plans to report its financial results for the first quarter ended March 31, 2024. MPS will report its results after the market closes on Wednesday, May 1st. Along with the earnings announcement, MPS will provide written commentary on its results of operations for the first quarter ende ...