Monolithic Power Systems: Q1 Earnings Insights

Monolithic Power Systems MPWR reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Monolithic Power Systems beat estimated earnings by 0.67%, reporting an EPS of $3.0 versus an estimate of $2.98.

Revenue was up $73.35 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 10.24% increase in the share price the next day.

Here's a look at Monolithic Power Systems's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	3.14	3.50	2.94	2.26
EPS Actual	3.17	3.53	3.25	2.45
Revenue Estimate	460.66M	491.23M	430.64M	360.52M
Revenue Actual	460.01M	495.42M	461.00M	377.71M

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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