Monolithic Power Systems (MPWR) Tops Q3 EPS by 4c
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Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2022
October 27, 2022 4:01 PM EDTKIRKLAND, 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 $495.4Â 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 $323.5Â 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