Shares of Monolithic Power Systems MPWR were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 17.39% year over year to $1.08, which beat the estimate of $1.00.
Revenue of $186,209,000 higher by 23.31% from the same period last year, which beat the estimate of $169,730,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Q3 revenue expected to be between $200,000,000 and $210,000,000.
Conference Call Details
Date: Jul 28, 2020
Time: 05:00 PM
ET Webcast URL: https://mpsic.zoom.us/j/96497779610#success
Technicals
Company's 52-week high was at $255.69
52-week low: $130.12
Price action over last quarter: Up 21.58%
Company Description
Monolithic Power Systems designs power solutions for a variety of end markets, including industrial, automotive, computing, storage, communications infrastructure, and consumer products. The firm designs switches, converters, lighting, sensors, and control-integrated circuits.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.