Monolithic (MPWR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Monolithic (MPWR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Tom Yeung here with your Sunday Digest. On Wednesday, OpenAI launched a new AI image generator for ChatGPT.
MPWR raises guidance for the first quarter of 2025, driven by strong segmental growth.
Monolithic Power Systems' Q4 '24 earnings call guidance surprised investors and re-affirmed strong demand for MPS chips. Speculation about the loss of Blackwell chip orders left investors with a rare buying opportunity. MPS can manage trade war concerns by capitalizing on its strong China-centric business model.
Monolithic Power, a US-based global company that provides high-performance, semiconductor-based power management solutions, is now a $33 billion (by market cap) chip dominator. The US is the largest single geographic market for the company, accounting for 37% of revenue. To date, MPWR increased its dividend for seven consecutive years, with a five-year dividend growth rate of 25.9%.
Right now, two technology stocks stand out for their rebound to kick off 2025. Shares are appreciating strongly after getting crushed in the final quarter of 2024.
Shares of chipmaker Monolithic Power Systems (MPWR 7.71%) rallied on Friday despite a down day for the markets, up 7.3% as of 1:30 p.m. ET.
MPWR reports top-line growth year over year in the fourth quarter of 2024 owing to healthy demand in several end markets.
Monolithic Power Systems, Inc. (NASDAQ:MPWR ) Q4 2024 Results Conference Call February 4, 2025 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Bernie Blegen - Executive Vice President and Chief Financial Officer Michael Hsing - Chairman of the Board, President and Chief Executive Officer Tony Balow - Vice President of Finance Conference Call Participants Tore Svanberg - Stifel Rick Schafer - Oppenheimer Ross Seymore - Deutsche Bank Gary Mobley - Loop Capital Quinn Bolton - Needham Chris Caso - Wolfe Joshua Buchalter - Cowen Will Stein - Truist William Kerwin - Morningstar Hans Mosesmann - Rosenblatt Joe Quatrochi - Wells Fargo Genevieve Cunningham [Call Starts Abruptly] and I will be the moderator for this webinar. Joining me today are Michael Hsing, CEO and Founder of MPS; Bernie Blegen, EVP and CFO; and Tony Balow, Vice President of Finance.
While the top- and bottom-line numbers for Monolithic (MPWR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Monolithic Power (MPWR) came out with quarterly earnings of $4.09 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $2.88 per share a year ago.