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 end ...

The latest trading session saw Monolithic Power (MPWR) ending at $682.15, denoting a +0.12% adjustment from its last day's close. This change lagged the S&P 500's 0.15% gain on the day. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.32%.Shares of the chipmaker have depreciated by 5.26% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.32% and the S&P 500's gain of 1.65%.The investment community will be closely monitoring the perform ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 inco ...

Editor's note: Seeking Alpha is proud to welcome The Techie as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » gremlin Investment Thesis Monolithic Power Systems (NASDAQ:MPWR) reported its fourth quarter of 2023 results and outlook this month. While revenue dropped 4% Y/Y this quarter due to the industry weakness and inventory correction cycle, MPS stock ...

Shares of Monolithic Power Systems (MPWR 16.11%), a specialist in manufacturing integrated circuits for controlling power systems, surged 17.2% through 10:55 a.m. ET Thursday morning, after the company beat expectations for fourth-quarter earnings last night.Heading into its Q4 report, analysts had forecast the semiconductor company would earn $2.85 per share on sales of $452 million. In fact, Monolithic earned $2.88 per share on sales of $454 million -- a small beat to be sure, but still a beat. Monolithic ...

Monolithic Power Systems, Inc. (MPWR) reported healthy fourth-quarter 2023 results, with the bottom and top lines beating the Zacks Consensus Estimate.Net IncomeOn a GAAP basis, net income fell to $96.9 million or $1.98 per share from $119.1 million or $2.45 per share in the prior-year quarter. The decline was primarily due to an increase in operating expenses.Non-GAAP net income was $140.9 million or $2.88 per share compared with $154 million or $3.17 per share in the year-ago quarter. The bottom line surp ...

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q4 2023 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Bernie Blegen - Executive Vice President and Chief Financial Officer Michael Hsing - Founder and Chief Executive Officer Conference Call Participants Quinn Bolton - Needham Rick Schafer - Oppenheimer Matt Ramsay - Cowen Tore Svanberg - Stifel William Stein - Truist Travis Polan - Wells Fargo Melissa Fairbanks - Raymond ...

For the quarter ended December 2023, Monolithic Power (MPWR) reported revenue of $454.01 million, down 1.3% over the same period last year. EPS came in at $2.88, compared to $3.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $452.13 million, representing a surprise of +0.42%. The company delivered an EPS surprise of +1.05%, with the consensus EPS estimate being $2.85.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Monolithic Power (MPWR) came out with quarterly earnings of $2.88 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.05%. A quarter ago, it was expected that this chipmaker would post earnings of $3.07 per share when it actually produced earnings of $3.08, delivering a surprise of 0.33%.Over the last four quarters, the company ...

KIRKLAND, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (NASDAQ:MPWR), a leading company in high-performance power solutions, today announced the acquisition of Axign B.V., a Netherlands-based fabless semiconductor startup that specializes in programmable multicore DSP (digital signal processors). Axign's audio processors demonstrate near-zero distortion signals, with significantly reduced power consumption for automotive and consumer audio systems. Axign's technologies revol ...