Monolithic Power Systems (MPWR) Tops Q3 EPS by 4c

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Go back to Monolithic Power Systems (MPWR) Tops Q3 EPS by 4c

Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2022

October 27, 2022 4:01 PM EDT

KIRKLAND, Wash., Oct. 27, 2022 (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, 2022.

The financial results for the quarter ended September 30, 2022 are as follows:

Revenue was $495.4 million for the quarter ended September 30, 2022, a 7.5% increase from $461.0 million for the quarter ended June 30, 2022 and a 53.1% increase from $323.5 million for the quarter ended September 30, 2021.GAAP gross margin was 58.7% for the quarter ended September 30, 2022, compared with 57.6% for the... More