Monolithic Power Systems (MPWR) Tops Q3 EPS by 1c

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Piper Jaffray Remains Positive as Monolithic Power Systems (MPWR) Reports In-Line Results

October 27, 2015 8:13 AM EDT

Piper Jaffray reiterated an Overweight rating and $61.00 price target on Monolithic Power Systems (NASDAQ: MPWR) following the company's 3Q15 earnings results. MPWR reported revenue and non-GAAP EPS of $91.2M and $0.55, largely inline with consensus expectations for $91M and $0.54.

Analyst Ruben Roy commented,... More

Monolithic Power Systems (MPWR) Beats 3Q Consensus Despite Macro Uncertainty; Needham & Company Reiterates Buy

October 27, 2015 6:47 AM EDT

Needham & Company reiterated a Buy rating on Monolithic Power Systems (NASDAQ: MPWR), and raised the price target to $68.00 (from $67.00), following the company's 3Q15 earnings results. MPWR delivered record quarterly results with 3Q15 revenue and NG EPS of $91.2MM/$0.55, slightly ahead of the midpoint of revised guidance... More