Monolithic Power Systems (NASDAQ:MPWR) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Monolithic Power Systems beat estimated earnings by 1.05%, reporting an EPS of $2.88 versus an estimate of $2.85.
Revenue was down $6.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 9.34% increase in the share price the next day.
Here's a look at Monolithic Power Systems's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 3.07 | 2.81 | 2.98 | 3.14 |
EPS Actual | 3.08 | 2.82 | 3 | 3.17 |
Revenue Estimate | 474.12M | 440.46M | 450.36M | 460.66M |
Revenue Actual | 474.87M | 441.13M | 451.06M | 460.01M |
To track all earnings releases for Monolithic Power Systems visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.