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Monolithic Power Systems, Inc. - MPWR STOCK NEWS

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.

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Monolithic Power Systems, Inc. (MPS) has announced the acquisition of Axign B.V., a Netherlands-based fabless semiconductor startup specializing in programmable multicore DSP. The acquisition aims to revolutionize audio signal processing and amplification, with near-zero distortion signals and reduced power consumption for automotive and consumer audio systems. MPS plans to expand its presence in the Netherlands and bring Axign's expertise and innovation to different market segments.
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Monolithic Power Systems, Inc. announced financial results for the quarter and year ended December 31, 2023. The company reported a 4.4% decrease in revenue for the quarter and a 1.5% increase for the year. The GAAP gross margin decreased to 55.3% for the quarter and 56.1% for the year. Non-GAAP gross margin also decreased to 55.7% for the quarter and 56.4% for the year. Operating expenses and income showed mixed results. The company also approved an increase in quarterly cash dividend to $1.25 per share.
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Monolithic Power Systems, Inc. (MPS) is set to report its financial results for the fourth quarter and year ended December 31, 2023. The company will host its quarterly conference on February 7th and provide a live event via a Zoom webinar. A replay of the event will be available for one year on the Investor Relations website.
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Monolithic Power Systems, Inc. (Nasdaq: MPWR) declares a fourth quarter dividend of $1.00 per common share, payable to stockholders of record as of December 29, 2023. The dividend will be paid on January 15, 2024.
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Monolithic Power Systems (MPS) has announced a new stock repurchase program, authorizing the repurchase of up to $640 million of its common stock. The program will expire on October 29, 2026, and the repurchases will be funded from working capital and cash repatriation. As of September 30, 2023, MPS had $1.0 billion in cash, cash equivalents, and investments.
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Monolithic Power Systems (MPS) announced its financial results for the quarter and nine months ended September 30, 2023. Revenue for the quarter was $474.9 million, a 7.6% increase from the previous quarter and a 4.1% decrease from the same quarter last year. GAAP gross margin was 55.5% and GAAP operating expenses were $128.0 million for the quarter. MPS provided financial targets for the fourth quarter of 2023, including revenue in the range of $442.0 million to $462.0 million.
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Monolithic Power Systems, Inc. (MPS) to report Q3 financial results on October 30th
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Monolithic Power Systems announces third quarter dividend of $1.00 per common share to all stockholders of record.
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FAQ

What is the current stock price of Monolithic Power Systems (MPWR)?

The current stock price of Monolithic Power Systems (MPWR) is $560.06 as of November 20, 2024.

What is the market cap of Monolithic Power Systems (MPWR)?

The market cap of Monolithic Power Systems (MPWR) is approximately 28.0B.

What does Monolithic Power Systems, Inc. do?

Monolithic Power Systems, Inc. provides high-performance power solutions for industrial, telecom, cloud computing, automotive, and consumer applications.

When was Monolithic Power Systems founded?

Monolithic Power Systems was founded in 1997 by Michael R. Hsing and James C. Moyer.

Where is Monolithic Power Systems headquartered?

Monolithic Power Systems is headquartered in San Jose, CA.

What is MPS's mission?

MPS's mission is to reduce total energy consumption in their customers' systems by providing green, practical, and compact power solutions.

What manufacturing model does MPS use?

MPS operates on a fabless manufacturing model, partnering with third-party chip foundries to produce their proprietary BCD process technology.

How did MPS perform financially in the first half of 2023?

In the first half of 2023, MPS reported robust revenue across various end markets, reflecting strong financial health.

What industries does MPS serve?

MPS serves industries including industrial systems, telecom infrastructures, cloud computing, automotive, and consumer electronics.

How can I contact Monolithic Power Systems?

You can contact Monolithic Power Systems through their website at www.monolithicpower.com or via their support offices worldwide.

What are the core strengths of MPS?

MPS's core strengths include deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies.

What makes MPS's solutions unique?

MPS's solutions are known for being reliable, compact, highly energy-efficient, and cost-effective.

Monolithic Power Systems, Inc.

Nasdaq:MPWR

MPWR Rankings

MPWR Stock Data

28.01B
47.08M
3.37%
97.23%
3.06%
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