Monolithic Power Stock Price, News & Analysis

Monolithic Power Systems (MPWR) reported strong financial results for Q2 2022, with revenue reaching $461 million, a 22.1% quarterly increase and a 57.2% year-over-year increase. GAAP net income was $114.7 million, or $2.37 per diluted share, compared to $55.2 million a year earlier. Gross margins improved, with GAAP gross margin at 58.8%. The company forecasts Q3 revenue between $480 million and $500 million. Continued expansion in R&D and manufacturing partnerships is noted, indicating growth strategies are in motion.

Monolithic Power Systems (MPS) (Nasdaq: MPWR) will report its Q2 2022 financial results after market close on August 1, 2022. A conference call will take place at 2:00 p.m. PT / 5:00 p.m. ET, accessible via a Zoom webinar. A replay will be available on their Investor Relations website for one year post-event. Established in 1997, MPS specializes in semiconductor-based power electronics, aiming to enhance energy efficiency and quality of life through their advanced technologies.

Monolithic Power Systems (MPWR) announced a second quarter dividend of $0.75 per common share, payable to stockholders of record as of June 30, 2022. The payment date is set for July 15, 2022. This dividend reflects the company's commitment to delivering consistent returns to its investors while supporting its high-performance, semiconductor-based power electronics solutions business. MPS aims to enhance energy efficiency and reduce material consumption.

Monolithic Power Systems (MPWR) has launched its new MPSafe™ portfolio, featuring automotive-qualified products designed in compliance with the ISO26262 Functional Safety standards. This portfolio addresses the growing requirements for safety in increasingly autonomous vehicles. The new product line supports Automotive Safety Integrity Level (ASIL) up to D, ensuring rigorous development for critical electronic systems. Key products include a 6-Channel Voltage Monitor and Multi-Channel Camera PMIC, aimed at enhancing safety coverage and system performance.

Monolithic Power Systems (MPWR) reported financial results for Q1 2022, showing a 12.2% increase in revenue to $377.7 million year-over-year, and a 48.4% rise from Q1 2021. The GAAP net income reached $79.6 million or $1.65 per diluted share, up from $45.4 million in the previous year. Notable improvements include a GAAP gross margin of 57.9% and operating income of $96.1 million. The company anticipates Q2 2022 revenue between $420 million and $440 million.

Monolithic Power Systems (MPWR), based in Kirkland, Washington, has announced the attainment of an independent third-party ISO26262 certification for its functional safety product development process. This certification is critical in the automotive sector as it ensures that products meet robust safety standards necessary for the industry’s move towards autonomous and electrified vehicles. The ISO26262 standard addresses risks of failure in electrical systems and categorizes safety integrity levels (ASIL) from A to D, with MPS's new products certified for up to ASIL D.

Monolithic Power Systems (Nasdaq: MPWR) announced its financial results for Q1 2022 will be reported after market close on May 2, 2022. The quarterly conference will occur at 2:00 p.m. PT / 5:00 p.m. ET via Zoom. A replay will be posted on the Investor Relations section of their website two hours after the live event, remaining accessible for one year. Founded in 1997, MPS specializes in semiconductor-based power electronics solutions, aiming to enhance energy efficiency and quality of life.

Monolithic Power Systems (MPWR) reported strong financial results for Q4 and FY 2021, with Q4 revenue at $336.5 million, a 44.4% increase year-over-year. The board approved a quarterly cash dividend increase to $0.75 per share, payable on April 15, 2022. Full-year revenue reached $1.2 billion, representing a 43% growth. GAAP net income for Q4 was $72.7 million ($1.51 per diluted share). Looking ahead, MPWR projects Q1 2022 revenue between $354 million and $366 million, with gross margins remaining strong.

Impinj, Inc. (NASDAQ: PI) has announced leadership changes, appointing Steve Sanghi as Board Chair after Peter van Oppen's term ends. Van Oppen will not seek reelection after eight years of service. Meera Rao has been added to the board, bringing over 25 years of experience in the semiconductor industry. Rao expressed her enthusiasm for joining Impinj during a crucial growth phase. Board Member Theresa Wise will also not seek reelection, reducing the board size to seven members. CEO Chris Diorio praised the contributions of the outgoing members.