Monolithic Power Systems (MPWR) Tops Q1 EPS by 1c
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Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2015 and Resolution with the U.S. Internal Revenue Service
April 22, 2015 4:01 PM EDTSAN JOSE, Calif., April 22, 2015 /PRNewswire/ --Â Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading company in high performance power solutions, today announced financial results for the quarter ended March 31, 2015.
The results for the quarter ended March 31, 2015 are as follows:
Net revenue was $73.5 million, a 2.9% decrease from $75.7 million in the fourth quarter of 2014 and a 22.4% increase from $60.1 million in the first quarter of 2014. GAAP gross margin was 54.0%, which included the impact of $0.2 million for stock-based compensation expense and $0.4 million for the amortization of acquisition-related intangible assets,... More