Monolithic Power Systems Inc reports results for the quarter ended in September - Earnings Summary

Monolithic Power Systems

31/10/2023 15:43

* Monolithic Power Systems Inc  MPWR.OQ  reported quarterly
adjusted earnings of $3.08​​ per share for the quarter ended in
September. The mean expectation of thirteen analysts for the
quarter was for earnings of $3.07 per share.
    * Revenue fell 4.1% to $474.87 million from a year ago;
analysts
expected $474.12 million. 
    * Monolithic Power Systems Inc's reported EPS for the
quarter was
$2.48​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Monolithic Power Systems Inc shares had fallen by 12.6%
this
quarter and gained 14.3% so far this year.
    * The company reported quarterly net income of $121.16
million.
    * Wall Street's median 12-month price target for Monolithic
Power
Systems Inc is $550.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 03:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      3.07           3.08           Beat
 Jun. 30 2023      2.80           2.82           Beat
 Mar. 31 2023      2.96           3.00           Beat
 Dec. 31 2022      3.15           3.17           Beat