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Recap: Monolithic Power Systems Q1 Earnings

Monolithic Power Systems (NASDAQ:MPWR) reported its Q1 earnings results on Monday, May 2, 2022 at 04:01 PM. Here's what investors need to know about the announcement.

Monolithic Power Systems (NASDAQ:MPWR) reported its Q1 earnings results on Monday, May 2, 2022 at 04:01 PM.

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

Earnings

Monolithic Power Systems beat estimated earnings by 8.41%, reporting an EPS of $2.45 versus an estimate of $2.26.

Revenue was up $123.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25 which was followed by a 4.17% increase in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.87 2 1.69 1.34
EPS Actual 2.12 2.06 1.81 1.46
Revenue Estimate 321.33M 316.04M 280.54M 242.76M
Revenue Actual 336.50M 323.52M 293.32M 254.46M

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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