Monolithic Power Stock Price, News & Analysis

Monolithic Power Systems (Nasdaq: MPWR) has entered a foundry agreement with Vanguard International Semiconductor Corporation (VIS) to produce power semiconductors. This collaboration will leverage VIS’s 8-inch wafer fabrication capabilities to meet the growing demand for power devices in sectors such as datacenters, electric vehicles, and solar inverters. MPS aims to enhance its supply chain security and innovation capacity through strategic partnerships, ensuring long-term semiconductor supply continuity.

Monolithic Power Systems (MPWR) reported robust Q3 2022 financial results, with revenue of $495.4 million, a significant increase of 53.1% year-over-year. Gross margins improved to 58.7% from 57.6% in Q3 2021. Operating income rose to $151.9 million, compared to $77.1 million in the prior year. Non-GAAP net income reached $170.7 million, or $3.53 per diluted share. For Q4, MPWR aims for revenue between $450 million and $470 million. Despite softening business conditions, the company expects continued market share growth.

Monolithic Power Systems (Nasdaq: MPWR) will release its financial results for Q3 2022 on October 27, after the market closes. A conference call will follow at 1:30 PM PT / 4:30 PM ET, accessible via Zoom. Founded in 1997, MPS specializes in semiconductor-based power electronics solutions, aimed at enhancing energy efficiency and reducing material consumption. The company's strengths include system-level knowledge and proprietary technologies, providing reliable, cost-effective products to improve quality of life and returns for shareholders.

Monolithic Power Systems (MPWR) announced a third quarter dividend of $0.75 per common share for stockholders of record by September 30, 2022. This dividend will be paid on October 14, 2022, reflecting the company's commitment to delivering consistent returns to shareholders. MPS specializes in high-performance, semiconductor-based power electronics solutions and aims to enhance energy efficiency and quality of life. This announcement underscores the firm's financial health and dedication to shareholder value.

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.