Monolithic Power Stock Price, News & Analysis

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%.

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.