MPWR Stock Recent News

KIRKLAND, Wash., June 13, 2024 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, announced today its second quarter dividend of $1.25 per common share to all stockholders of record as of the close of business on June 28, 2024. The dividend will be paid on July 15, 2024.

Monolithic (MPWR) reported earnings 30 days ago. What's next for the stock?

Monolithic Power Systems is a solid investment for exposure to AI and electrification megatrends, which should generate 3x returns by 2030. MPS has a competitive advantage in efficiency and miniaturization, with a large patent portfolio and ability to play in diverse markets. The Company has consistently expanded revenue and net income, outperforming competitors and doubling net income margin in 10 years. Furthermore, MPS is debt-free.

Monolithic leads in power chip design, with a strong focus on data center applications. Pure Storage offers significant space-saving and energy-efficient benefits for clients.

Despite weakness in multiple end markets, Monolithic (MPWR) reports top-line growth year over year in the first quarter of 2024, backed by solid demand in the Enterprise Data vertical.

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 - Truist Financial Matt Ramsay - Cowen Gary Mobley - Wells Fargo Melissa Fairbanks - Raymond James Operator Genevieve Cunningham Welcome everyone to the MPS First Quarter 2024 Earnings Webinar. My name is Genevieve Cunningham, and I will be the moderator for this webinar.

The headline numbers for Monolithic (MPWR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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.

Here, we take a sneak peek at four semiconductor stocks due to report first-quarter earnings on May 1.

Monolithic Power (MPWR) is expected to report a top-line contraction year over year in the first quarter of 2024, owing to soft demand trends in several verticals and macroeconomic headwinds.