Monolithic: Q4 Earnings Snapshot
KIRKLAND, Wash. (AP) — KIRKLAND, Wash. (AP) — Monolithic Power Systems Inc. (MPWR) on Wednesday reported fourth-quarter earnings of $119.1 million....
KIRKLAND, Wash. (AP) — KIRKLAND, Wash. (AP) — Monolithic Power Systems Inc. (MPWR) on Wednesday reported fourth-quarter earnings of $119.1 million. The Kirkland, Washington-based company said it had net income of $2.45 per share. Earnings, adjusted for one-time gains and costs, came to $3.17 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.13 per share. The chipmaker posted revenue of $460 million in the period, which also beat Street forecasts.