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Monolithic Power System Inc - MPWR STOCK NEWS

Welcome to our dedicated news page for Monolithic Power System (Ticker: MPWR), a resource for investors and traders seeking the latest updates and insights on Monolithic Power System.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Monolithic Power System's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Monolithic Power System's position in the market.

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Rhea-AI Summary
Monolithic Power Systems, Inc. (MPS) announces financial results for Q1 2023 with a revenue of $451.1 million, a 1.9% decrease from the previous quarter. GAAP gross margin was 57.4% and operating expenses were $134.5 million. MPS sets financial targets for Q2 2023 with revenue between $430.0 million to $450.0 million and a GAAP gross margin between 55.9% and 56.5%.
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1.79%
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Monolithic Power System Inc

Nasdaq:MPWR

MPWR Rankings

MPWR Stock Data

32.03B
46.71M
2.51%
95.09%
2.2%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Kirkland

About MPWR

monolithic power systems, inc. (mps) provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. mps'​ mission is to reduce total energy consumption in our customers'​ systems and service our customers with green, practical, compact solutions. mps can be contacted through its website at www.monolithicpower.com or its support offices around the world. the company was founded by michael r. hsing and james c. moyer in 1997 and is headquartered in san jose, ca.