Monolithic Power Stock Price, News & Analysis

KIRKLAND, Wash., Oct. 15, 2021 (GLOBE NEWSWIRE) -- Monolithic Power Systems (MPS) (Nasdaq: MPWR) will report its third-quarter financial results for the period ending September 30, 2021, on October 28th, after market close. A conference call will follow at 2:00 p.m. PT / 5:00 p.m. ET, accessible via Zoom. A replay will be available on the Investor Relations section of their website within two hours post-event, lasting for a year. MPS focuses on high-performance, semiconductor power solutions aimed at enhancing energy efficiency and sustainability.

Monolithic Power Systems (Nasdaq: MPWR) announced a third-quarter dividend of $0.60 per common share for stockholders recorded by the close of business on September 30, 2021. The dividend is scheduled for payment on October 15, 2021. Founded in 1997, MPS is recognized for its high-performance semiconductor-based power electronics solutions, aiming to reduce energy consumption and improve quality of life. The company emphasizes its commitment to providing reliable and cost-effective products that yield consistent returns for shareholders.

Monolithic Power Systems (MPWR) reported strong financial results for Q2 2021. Revenue reached $293.3 million, a 57.5% increase year-over-year. GAAP net income was $55.2 million or $1.16 per diluted share, up from $30.2 million the previous year. Operating income also improved significantly, with GAAP operating income at $60.6 million. The company expects Q3 revenue between $309 million and $321 million. MPS anticipates a gross margin benefit of $4 million from a litigation settlement.

KIRKLAND, Wash., July 14, 2021 – Monolithic Power Systems (Nasdaq: MPWR) announced it will report its second-quarter financial results on July 27, 2021, after market close. The conference will be held at 2:00 p.m. PT / 5:00 p.m. ET via a Zoom webinar. Interested participants can join the live event using the provided link. A replay will be available on MPS’s Investor Relations website two hours post-event. Founded in 1997, MPS specializes in semiconductor-based power electronics solutions and aims to enhance energy efficiency and quality of life.

Monolithic Power Systems (Nasdaq: MPWR) announced a second-quarter dividend of $0.60 per common share for stockholders of record as of June 30, 2021. The dividend payment date is set for July 15, 2021. This initiative reflects MPS's commitment to providing returns to investors and highlights its performance in the semiconductor power solutions sector. MPS aims to enhance the quality of life through energy-efficient technology and has established itself as a leader by leveraging its strong semiconductor design skills and system integration technologies.

Monolithic Power Systems (MPWR) appointed Carintia Martinez to its Board of Directors, effective immediately. Martinez, with extensive experience in aerospace and automotive sectors, including her role as CIO at Thales Alenia Space, is expected to enhance the company's leadership. Chairman Michael Hsing expressed confidence in her creative and diverse perspective, aligning with MPS's growth in the analog semiconductor industry. Founded in 1997, MPS aims to reduce energy consumption through its advanced semiconductor solutions.

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%.