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0.000532960769147829 0.003137572033717 -0.00115405103494124 -0.00752420760718162 -0.0203050090349603 0.0151357349453429 0.0135566918967154 0.00624855676140163
Stock impact report

Monolithic Power (MPWR) Tops Q4 Earnings & Revenue Estimates [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
MPWR reported healthy fourth-quarter 2023 results, with the bottom and top lines beating the Zacks Consensus Estimate. Net Income On a GAAP basis, net income fell to $96.9 million or $1.98 per share from $119.1 million or $2.45 per share in the prior-year quarter. The decline was primarily due to an increase in operating expenses. Non-GAAP net income was $140.9 million or $2.88 per share compared with $154 million or $3.17 per share in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate by 3 cents. For 2023, GAAP net income was $427.4 million or $8.76 per share compared with $437.7 million or $9.05 per share in 2022. Excluding stock-based compensation of $149.7 million, net deferred compensation plan expense of $1.1 million, amortization of purchased intangible assets of $0.1 million and $3.6 million for related tax effects non-GAAP net income amounted to $574.6 million or $11.78 per share compared with $599.9 million or $12.41 per share in 2022. Mon Show less Read more
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