Monolithic Power Systems (MPWR) Reports In-Line Q2 EPS

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Go back to Monolithic Power Systems (MPWR) Reports In-Line Q2 EPS

Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2016

July 25, 2016 4:02 PM EDT

SAN JOSE, Calif., July 25, 2016 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high performance power solutions, today announced financial results for the quarter and six months ended June 30, 2016.

The results for the quarter ended June 30, 2016 are as follows:

Revenue was $94.1 million, an 11.3% increase from $84.5 million in the first quarter of 2016 and a 15.6% increase from $81.4 million in the second quarter of 2015.GAAP gross margin was 54.1% compared with 54.2% in the second quarter of 2015.Non-GAAP gross margin(1) was 55.1%, excluding the impact of $0.4 million for... More