Recap: Monolithic Power Systems Q4 Earnings

Monolithic Power Systems 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.

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.

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.

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