Monolithic Power Systems (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
