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) reported strong financial results for Q1 2021, with revenue of $254.5 million, marking a 53.5% increase from Q1 2020. GAAP gross margin improved to 55.4%, while non-GAAP gross margin rose to 55.8%. Operating income reached $46.1 million, up from $31.0 million year-over-year. The company anticipates Q2 2021 revenue between $274 million and $286 million, projecting stable gross margins. MPS aims for multi-billion dollar revenues, reflecting robust growth across various market segments.
Monolithic Power Systems (Nasdaq: MPWR) announced its first-quarter financial results for 2021, set to be reported after market close on May 4, 2021. A quarterly conference will follow at 2:00 p.m. PT / 5:00 p.m. ET, accessible via a free Zoom webinar. A replay will be available on the company’s Investor Relations website two hours post-event. MPS focuses on providing efficient power solutions across various sectors including industrial, automotive, and consumer applications, aiming to reduce energy consumption.
Monolithic Power Systems (MPWR) reported Q4 2020 revenue of $233 million, down 10.2% from Q3 2020, but up 39.8% YoY. GAAP net income was $42.9 million ($0.90 per share) compared to $32.4 million ($0.70 per share) in Q4 2019. The board approved a quarterly cash dividend increase from $0.50 to $0.60 per share, payable on April 15, 2021. For the year, revenue reached $844.5 million, a 34.5% increase from 2019. The company projects Q1 2021 revenue between $236 million and $248 million and GAAP gross margins between 55.1% and 55.7%.
Monolithic Power Systems (Nasdaq: MPWR) announced plans to report its financial results for the fourth quarter and year ended December 31, 2020. The results will be released after the market closes on February 4, 2021, followed by a quarterly conference at 2:00 p.m. PT / 5:00 p.m. ET. This live event will be accessible via a Zoom webinar free of charge. A replay will be available on the Investor Relations website two hours post-event, remaining accessible for one year.
Monolithic Power Systems (MPWR) has launched a new family of 48V to 6V digital DC/DC power modules aimed at high-density computing, AI, and data center applications. Utilizing eGaN® transistors from Efficient Power Conversion, these modules promise over 97% efficiency in compact 27mmx18mmx6mm sizes. The scalable power modules can handle between 300W to 1000W and are designed to optimize power distribution, significantly reducing losses compared to traditional conversion methods. MPS aims to meet the increasing demands of advanced computing applications with this innovative solution.
Monolithic Power Systems (Nasdaq: MPWR) announced a fourth-quarter dividend of $0.50 per share, payable on January 15, 2021, to stockholders of record as of December 31, 2020. This dividend reflects the company’s commitment to providing returns to its investors. MPS specializes in energy-efficient power solutions across various sectors, including industrial and automotive. The company emphasizes reducing energy consumption through compact solutions, underlining its role in promoting sustainability in the industry.
Monolithic Power Systems, Inc. (MPWR) reported robust financial results for Q3 2020, achieving revenue of $259.4 million, reflecting a 39.3% quarter-over-quarter increase and a 53.7% year-over-year rise. GAAP net income reached $55.6 million, equivalent to $1.18 per diluted share, up from $29.5 million or $0.64 in Q3 2019. Non-GAAP net income was $79.4 million or $1.69 per diluted share. The company anticipates Q4 2020 revenue between $218 million and $230 million with stable gross margins. MPS aims to continue executing despite market uncertainties.
KIRKLAND, Wash., Oct. 19, 2020 – Monolithic Power Systems (MPS), listed on Nasdaq as MPWR, announced it will report its third-quarter financial results for the period ending September 30, 2020. The results will be shared after market close on October 29, 2020. MPS will host a quarterly conference at 2:00 p.m. PT / 5:00 p.m. ET via Zoom, accessible for free to the public. A replay will be available on their Investor Relations website within two hours post-event and will remain accessible for one year.
Monolithic Power Systems (Nasdaq: MPWR) announced lawsuits against Meraki Integrated Circuit Technology and its founders for breach of contract, fraud, and trade secret theft. The lawsuits were filed in U.S. District Courts in Texas and California, alleging that Meraki's products infringe MPS patents and are knock-offs of MPS's proprietary products. MPS claims that Meraki's founders, previous engineers for MPS, stole trade secrets before relocating to China. The company seeks unspecified damages and injunctions against further infringement.
Monolithic Power Systems (MPWR) announced a $0.50 dividend per common share for Q3 2020. The dividend is payable on October 15, 2020, to stockholders of record by the close of business on September 30, 2020. This marks a significant return for investors as MPS continues to provide high-performance analog solutions across various industries.
Investors are advised to consider potential risks associated with forward-looking statements that may affect future performance.
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