MPWR Stock Recent News

Monolithic Power (MPWR) reports a top-line decline year over year in the third quarter of 2023 due to sales decline in the Communication, Consumer and Industrial verticals.

Monolithic Power Systems, Inc. (NASDAQ:MPWR ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Corporate Participants Genevieve Cunningham - Senior Manager, Marketing Communications Michael Hsing - Chief Executive Officer and Founder Bernie Blegen - Vice President and Chief Financial Officer Conference Call Participants Quinn Bolton - Needham Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Rick Schafer - Oppenheimer William Stein - Truist Matt Ramsay - Cowen Genevieve Cunningham Welcome everyone to the MPS Third Quarter 2023 Earnings Webinar. My name is Genevieve Cunningham, and I will be the moderator for this webinar.

Chip stocks (semiconductors) have posted dominant performance over the last decade, and there are reasons to believe this secular trend will continue (i.e., the digital revolution and "Internet of Things"). We share data on over 40 top chip stocks, ranked by net profit margins (a very important metric in the current macro environment). We have a special focus on Monolithic Power Systems, including its offense-and-defense business qualities, financials, valuation and risks.

Monolithic Power (MPWR) is expected to report lower revenues year over year in the third quarter of 2023, owing to weak demand in several end markets.

KIRKLAND, Wash., Oct. 12, 2023 (GLOBE NEWSWIRE) -- 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 plans to report its financial results for the third quarter ended September 30, 2023.

Nowadays, as technology continues to advance, so does the need for semiconductors. Fortunately, the daring companies within this sector are responsible for creating the most efficient, powerful, and capable semiconductors.

With the AI bounce waning, will China's sluggish economy further put the kibosh on near-term growth for semiconductor stocks like Monolithic Power Systems Inc. NASDAQ: MPRW, Qualcomm Inc. NASDAQ: QCOM and Texas Instruments Inc. NASDAQ: TXN?

Monolithic Power (MPWR) reports a top line contraction year over year in the second quarter of 2023 due to declining trends in several verticals.

Although the revenue and EPS for Monolithic (MPWR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Monolithic Power (MPWR) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $3.25 per share a year ago.