Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2024


RECONCILIATION OF OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
(Unaudited, in thousands)
 
  Three Months Ending 
  June 30, 2024 
  Low   High 
Operating expenses$147,900  $151,900 
Adjustments to reconcile operating expenses to non-GAAP operating expenses:       
Stock-based compensation and related expenses (41,800)  (43,800)
Non-GAAP operating expenses$106,100  $108,100 
        
        

Monolithic Power Systems

Q1’24 Earnings Commentary

Monolithic Power Systems to Report First Quarter Results on May 1, 2024

MPS will report its results after the market closes on May 1, 2024 and host a question-and-answer conference call at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/95055935379.
 


Q1 2024 Financial Summary
 (Unaudited)
GAAP
       
  Q1'24 Q4'23 Q1'23  QoQ Change YoY Change
Revenue ($k)$457,885$454,012$451,065 Up 0.9%Up 1.5%
Gross Margin55.1%55.3%57.4% Down 0.2 ptsDown 2.3 pts
Opex ($k)$156,954$141,554$134,504 Up 10.9% Up 16.7%
Operating Margin 20.9% 24.1% 27.6%   Down 3.2 pts Down 6.7 pts
Net income ($k) $92,541 $96,905 $109,802   Down 4.5% Down 15.7%
Diluted EPS $1.89 $1.98 $2.26   Down 4.5% Down 16.4%
             

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17  Next Page »
Featured Video
Latest Blog Posts
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Sr. GIS Apps Product Engineer for ESRI at Portland, Oregon
Sr. GIS Apps Product Engineer for ESRI at Portland, ME, Maine
Geoprocessing Product Engineer II for ESRI at Redlands, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Upcoming Events
GeoBuiz Summit 2025 at Hyatt Regency Aurora-Denver Conference Center. Denver CO - Jan 13 - 15, 2025
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025
2025 Los Angeles Geospatial Summit at USC Hotel 540 S Figueroa St Los Angeles - Feb 28, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise