Monolithic Power Systems (MPWR) Tops Q3 EPS by 6c; Guides Revenues Above Views
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Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2021
October 28, 2021 4:06 PM EDTKIRKLAND, Wash., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended September 30, 2021.Â
Revenue was $323.5Â million for the quarter ended September 30, 2021, a 10.3% increase from $293.3 million for the quarter ended June 30, 2021 and a 24.7% increase from $259.4 million for the quarter ended September 30, 2020.GAAP gross margin was 57.6% for the quarter ended September 30, 2021, compared with 55.1% for the quarter ended September 30, 2020. GAAP gross margin included a one-time benefit of a... More