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Shares of Monolithic Power Systems (NASDAQ:MPWR) were flat in after-market trading after the company reported Q2 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.
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
Company's 52-week high was at $255.69
52-week low: $130.12
Price action over last quarter: Up 21.58%
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.
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