Monolithic Power up after upbeat Q3 revenue forecast

Monolithic Power Systems

01/08/2024 21:38

** Shares of semiconductor-based product maker Monolithic
Power Systems  MPWR.O  rise 6.1% to $833 in extended trade
    ** Co forecasts Q3 revenue between $590 mln and $610 mln,
compared to analysts' estimate of $549.8 mln - LSEG data.
    ** Posts Q2 revenue of $507.4 mln, beating analysts'
estimate of $490.7 mln
    ** MPWR has risen 24.4% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))