Needham & Company Reiterates Buy on Monolithic Power Systems (MPWR) Following 3Q Beat
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Oppenheimer Remains Bullish on Monolithic Power Systems (MPWR) Following 3Q
November 1, 2016 10:11 AM EDTOppenheimer reiterated an Outperform rating and $88.00 price target on Monolithic Power Systems (NASDAQ: MPWR) following the company's 3Q earnings report. Industrial grew 23% Y/Y in 3Q, led by auto and smart metering. Storage/Compute grew 30% Y/Y driven by Server and high-end NB. MPWR... More
After-Hours Stock Movers 10/31: (DRRX) (RYAM) (AMKR) Higher; (RAIL) (TEX) (LB) Lower (more...)
October 31, 2016 5:53 PM EDTToday's After-Hours Movers:
DURECT Corp (NASDAQ: DRRX) 16.1% HIGHER; reported Q3 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $37 million versus the consensus estimate of $3.72 million. DURECT also provided an update on the DUR-928 development program including a description of data from the first cohort of a Phase 1b study with DUR-928 in patients with nonalcoholic steatohepatitis (NASH).
Rayonier Advanced Materials (NYSE: RYAM) 11.8% HIGHER; reported Q3 EPS of $0.44, $0.20 better than the... More
Monolithic Power Systems (MPWR) Tops Q3 EPS by 1c
October 31, 2016 4:03 PM EDTMonolithic Power Systems (NASDAQ: MPWR) reported Q3 EPS of $0.66, $0.01 better than the analyst estimate of $0.65. Revenue for the quarter came in at $106.5 million versus the consensus estimate of $105.98 million.
For earnings history and earnings-related data on Monolithic Power Systems (MPWR) click here.
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