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0 0.00599090103752197 0.0134982958213841 0.00599090103752197 -0.00151649374634013 0.0119968168646117 0.024008648518791 0.0210056906052462
Stock impact report

Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]

Monolithic Power Systems, Inc. (MPWR) 
Last monolithic power systems, inc. earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.monolithicpower.com/investor-relations
Company Research Source: Yahoo! Finance
high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended March 31, 2024. Revenue was $457.9 million for the quarter ended March 31, 2024, a 0.9% increase from $454.0 million for the quarter ended December 31, 2023 and a 1.5% increase from $451.1 million for the quarter ended March 31, 2023. GAAP gross margin was 55.1% for the quarter ended March 31, 2024, compared with 57.4% for the quarter ended March 31, 2023. Non-GAAP gross margin (1) was 55.7% for the quarter ended March 31, 2024, excluding the impact of $1.9 million for stock-based compensation and related expenses, $0.4 million for deferred compensation plan expense and $0.3 million for amortization of acquisition-related intangible assets, compared with 57.7% for the quarter ended March 31, 2023, excluding the impact of $1.1 million for stock-based compensation expense and $0.2 million for deferred compensation plan expense. GAAP operating expenses were $ Show less Read more
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