Monolithic Power Systems (MPWR) Reports In-Line Q1 EPS, Offers Q2 Guidance
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Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2019
May 2, 2019 4:06 PM EDTKIRKLAND, Wash., May 02, 2019 (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, 2019.
Revenue was $141.4 million for the quarter ended March 31, 2019, a 7.9% decrease from $153.5 million for the quarter ended December 31, 2018 and a 9.5% increase from $129.2 million for the quarter ended March 31, 2018. GAAP gross margin was 55.2% for the quarter ended March 31, 2019, compared with 55.4% for the quarter ended March 31, 2018. Non-GAAP (1) gross margin was 55.6% for the... More