Welcome to our dedicated page for Monolithic Power Systems news (Ticker: MPWR), a resource for investors and traders seeking the latest updates and insights on Monolithic Power Systems stock.
Monolithic Power Systems, Inc. (MPWR) is a leading provider of high-performance power solutions for various applications, including industrial systems, telecom infrastructures, cloud computing, automotive, and consumer electronics. Founded in 1997 by Michael R. Hsing and James C. Moyer, the company is headquartered in San Jose, CA.
MPS specializes in creating small, highly energy-efficient, and easy-to-use power management solutions. Their mission is to reduce total energy consumption in their customers' systems, offering green, practical, and compact solutions. The company operates on a fabless manufacturing model, partnering with third-party chip foundries to produce their proprietary BCD process technology.
MPS's core strengths include deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in semiconductor processes, system integration, and packaging. These advantages enable MPS to deliver reliable, compact, and monolithic solutions that are energy-efficient and cost-effective, providing a consistent return on investment for shareholders.
Recent financial results highlight MPS's strong performance. For the six months ended June 30, 2023, the company reported robust revenue across various end markets. The company's ability to repurchase stock further reflects its solid financial health and commitment to enhancing shareholder value.
MPS continues to innovate and expand its product offerings, focusing on reducing energy and material consumption to improve overall quality of life. Their commitment to sustainability and efficiency positions them as a significant player in the semiconductor industry.
For more information, visit their website at www.monolithicpower.com or contact their support offices worldwide.
Monolithic Power Systems (MPWR), a fabless semiconductor company specializing in power electronics solutions, has announced its upcoming 2025 Investor/Analyst Day. The event is scheduled for Thursday, March 20, 2025, from 9 AM to 12 PM (PT) at their San Jose, California office.
The event will feature presentations from the company's management team, followed by an interactive Q&A session. Interested parties can attend either in person by RSVPing via email or virtually through a live webcast available on MPS's Investor Relations webpage under Events & Presentations. For those unable to attend, presentation materials and an event replay will be accessible through the same platform.
Monolithic Power Systems (MPWR), a fabless semiconductor company specializing in power electronics solutions, has announced its upcoming financial results release for Q4 and full-year 2024. The company will disclose its earnings after market close on Thursday, February 6, 2025.
The announcement will include detailed written commentary on operational results for both the fourth quarter and the year ended December 31, 2024. Following the release, MPS will host a Q&A conference call at 2:00 p.m. PT / 5:00 p.m. ET.
Investors and interested parties can access the live event through a Zoom webcast using the link https://mpsic.zoom.us/j/96816578886 or by dialing (669) 444-9171 with webcast ID 96816578886. A replay will be available for one year on the company's Investor Relations website two hours after the event concludes.
Monolithic Power Systems (Nasdaq: MPWR) has declared its fourth quarter dividend of $1.25 per common share. The dividend will be distributed to stockholders of record as of December 31, 2024, with the payment scheduled for January 15, 2025. The company, which specializes in high-performance semiconductor-based power electronics solutions, made this announcement from their Kirkland, Washington headquarters.
Monolithic Power Systems (MPWR) reported strong Q3 2024 results with record quarterly revenue of $620.1 million, up 22.2% QoQ and 30.6% YoY. GAAP net income reached $144.4 million ($2.95 per share), while non-GAAP net income was $198.8 million ($4.06 per share). The company saw improved ordering trends across most end markets, with notable growth in Enterprise Data (86.4% YoY), Communications (53.6% YoY), and Automotive (17.0% YoY). For Q4 2024, MPWR forecasts revenue between $600-620 million with GAAP gross margin of 55.2-55.8%.
Monolithic Power Systems (MPWR) reported strong Q3 2024 financial results with revenue of $620.1 million, representing a 22.2% increase from Q2 2024 and a 30.6% increase year-over-year. GAAP net income reached $144.4 million ($2.95 per diluted share), while non-GAAP net income was $198.8 million ($4.06 per diluted share). The company maintained a healthy gross margin of 55.4%. For Q4 2024, MPS projects revenue between $600.0-$620.0 million with a GAAP gross margin of 55.2-55.8%.
Enterprise Data showed significant growth, while the company's transformation from a chip supplier to a full solutions provider continues to drive success.
Monolithic Power Systems (MPS), a fabless global company specializing in high-performance, semiconductor-based power electronics solutions, has announced its plans to report financial results for the third quarter ended September 30, 2024. The earnings announcement is scheduled for Wednesday, October 30th, after market close.
MPS will provide written commentary on its Q3 2024 operations results alongside the earnings announcement. Additionally, the company will host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day. Investors can access the live event via a Zoom webcast or by phone. A replay of the event will be available for one year on the MPS Investor Relations website.
Monolithic Power Systems (Nasdaq: MPWR), a global provider of semiconductor-based power electronics solutions, has announced its third quarter dividend for 2024. The company will pay $1.25 per common share to stockholders of record as of the close of business on September 30, 2024. The dividend is scheduled to be paid on October 15, 2024. This announcement demonstrates Monolithic Power Systems' commitment to returning value to its shareholders through consistent dividend payments.
Monolithic Power Systems (MPWR) reported strong Q2 2024 financial results:
- Revenue increased 15% year-over-year to $507.4 million
- GAAP net income was $100.4 million or $2.05 per diluted share
- Non-GAAP net income was $155.1 million or $3.17 per diluted share
Key highlights:
- Gross margin declined slightly to 55.3% from 56.1% last year
- Enterprise Data revenue grew significantly to $187.2 million from $48.0 million last year
- Q3 2024 revenue guidance of $590-$610 million
CEO Michael Hsing noted the results reflect MPWR's successful long-term growth strategy and transformation to a full solutions provider.
Monolithic Power Systems (MPWR) reported its Q2 2024 financial results on August 1, 2024. Revenue increased by 10.8% quarter-over-quarter (QoQ) and 15.0% year-over-year (YoY) to $507.4M. GAAP net income rose by 8.5% QoQ to $100.4M, while non-GAAP net income increased by 12.8% to $155.1M. Diluted EPS also rose to $2.05 (GAAP) and $3.17 (non-GAAP).
Enterprise Data revenue grew by 290.0% YoY to $187.2M, representing 36.9% of total revenue. Other sectors like Consumer, Automotive, and Industrial faced YoY declines. GAAP gross margin stood at 55.3%, up by 20 basis points from Q1 2024. Operating expenses were $164.0M (GAAP) and $111.7M (non-GAAP). The company forecasts Q3 2024 revenue of $590M-$610M, with a GAAP gross margin between 55.2%-55.8%.
MPS continues to manage inventories strategically, reducing days of sales outstanding and days of inventory. Cash and equivalents totaled $1.31B at the end of Q2 2024, with operating cash flow at $141M.
Monolithic Power Systems (MPWR) has announced its plans to report second quarter 2024 financial results on August 1, 2024, after market close. The company, a global provider of semiconductor-based power electronics solutions, will offer written commentary on its Q2 2024 operations along with the earnings announcement. MPS will host a Q&A conference call at 2:00 p.m. PT / 5:00 p.m. ET via a Zoom webcast. Investors can access the live event through the provided Zoom link or by dialing in. A replay of the event will be available for one year on the company's Investor Relations website.
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