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

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

Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2018

October 25, 2018 4:07 PM EDT

KIRKLAND, Wash., Oct. 25, 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 September 30, 2018.

The results for the quarter ended September 30, 2018 are as follows:

Revenue was $160.0 million for the quarter ended September 30, 2018, a 14.5% increase from $139.8 million for the quarter ended June 30, 2018 and a 24.1% increase from $128.9 million for the quarter ended September 30, 2017. GAAP gross margin was 55.6% for the quarter ended September 30, 2018, compared with 55.0% for the quarter ended September 30, 2017. Non-GAAP (1)... More