Monolithic

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our 12-month target price to $475 from $550, shifting to a P/E of 30x our 2025 EPS view, which we start at $15.83, above peers but below its five-year historical average of 45x. We raise our 2023 EPS estimate to $12.13 from $11.93 and keep 2024’s at $13.76. MPWR posts Q3 EPS of $3.08 vs. $3.53, beating the $3.06 consensus. Sales fell 4.1%, hurt by declines in Consumer (-30%), Communications (-35%), and Industrials (-28%). Enterprise Data growth (31%) benefited from higher GPU/CPU momentum, while Storage/Computing (+15%) and Automotive (+9.3%) also rose. Gross margin compressed to 55.7% from 59.0%, hurt by lower volume and higher inventory related costs. Although orders have improved in recent months and inventories appear healthier, partly reflecting seasonality, we think visibility remains […]

Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2023 KIRKLAND, Wash., Oct. 30, 2023 — Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based power electronic solutions, today announced financial results for the quarter and nine months ended September 30, 2023. The financial results for the quarter ended September 30, 2023 were as follows: — Revenue was $474.9 million for the quarter ended September 30, 2023, a 7.6% increase from $441.1 million for the quarter ended June 30, 2023 and a 4.1% decrease from $495.4 million for the quarter ended September 30, 2022. — GAAP gross margin was 55.5% for the quarter ended September 30, 2023, compared with 58.7% for the quarter ended September 30, 2022. — Non-GAAP gross margin (1) was 55.7% for the quarter ended September 30, 2023, excluding the impact of $1.0 million for

Monolithic Power Systems Guides For Q4 Revenue of $442-$462 Million, Vs CIQ Analyst Consensus of $453 Million.

Monolithic Power Systems Q3 Adj. EPS $3.08 Vs $3.07 Est., Revenue $474.9M Vs $474.867M Est.

Monolithic Power Systems (NASDAQ:MPWR) Keeps Quarterly Dividend at $1 a Share, Payable Oct. 13 to Shareholders of Record on Sept. 29。

Monolithic Power Systems (NASDAQ:MPWR) Q2 Adj EPS $2.82 Beats $2.81 Estimate, Sales $441.13M Beat $440.46M Estimate.

Monolithic Power Systems (NASDAQ:MPWR) reported Q2 non-GAAP diluted earnings  of $2.82, down from $3.25 a year earlier. Analysts surveyed by Capital IQ expected $2.81. Revenue for the quarter ended June 30 was $441.1 million, down from $461 million a year earlier. Analysts surveyed by Capital IQ expected $440.8 million. The company said it expects Q3 revenue of $464.0 million to $484.0 million. Analysts surveyed by Capital IQ expect $473.8 million.