Monolithic Power Systems (MPWR) Tops Q1 EPS by 2c

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Go back to Monolithic Power Systems (MPWR) Tops Q1 EPS by 2c

Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2018

April 30, 2018 4:05 PM EDT

SAN JOSE, Calif., April 30, 2018 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high performance analog solutions, today announced financial results for the quarter ended March 31, 2018.  

Revenue was $129.2 million for the quarter ended March 31, 2018, a 0.2% decrease from $129.4 million for the quarter ended December 31, 2017 and a 28.7% increase from $100.4 million for the quarter ended March 31, 2017.GAAP gross margin was 55.4% for the quarter ended March 31, 2018, compared with 54.6% for the quarter ended March 31, 2017.Non-GAAP (1) gross margin was 55.9% for the quarter ended March 31, 2018, excluding the impact of $0.4 million for stock-based compensation expense... More