Monolithic Power Systems, Inc. (MPWR)
Monolithic Power Systems, Inc. (MPWR) Q2 2024 Earnings Call Transcript
Monolithic Power Systems, Inc. (NASDAQ:MPWR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Genevieve Cunningham - Senior Manager, Marketing Communications Michael Hsing - CEO and Founder Bernie Blegen - EVP and CFO Tony Balow - VP of Finance Conference Call Participants Matt Ramsay - Cowen Dustin Fowler - Oppenheimer William Stein - Truist Quinn Bolton - Needham Chris Caso - Wolfe Tore Svanberg - Stifel Genevieve Cunningham Welcome everyone to the MPS Second Quarter 2024 Earnings Webinar. My name is Genevieve Cunningham, and I will be the moderator for this webinar.
Monolithic (MPWR) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Monolithic (MPWR) give a sense of how the business performed in the quarter ended June 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) Beats Q2 Earnings and Revenue Estimates
Monolithic Power (MPWR) came out with quarterly earnings of $3.17 per share, beating the Zacks Consensus Estimate of $3.07 per share. This compares to earnings of $2.82 per share a year ago.
Monolithic Power forecasts third-quarter revenue above estimates on AI boom
Monolithic Power Systems forecast third-quarter revenue above estimates on Thursday, benefiting from robust demand for its power control modules and hardware employed in artificial intelligence applications, sending its shares up 7%.
Countdown to Monolithic (MPWR) Q2 Earnings: Wall Street Forecasts for Key Metrics
Evaluate the expected performance of Monolithic (MPWR) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Will Higher Revenues Boost Monolithic Power's (MPWR) Q2 Earnings?
Monolithic Power's (MPWR) Q2 results are likely to report a top-line expansion year over year, driven by healthy demand in the Enterprise Data segment. Effort to diversify supply chain is a tailwind.
Will This Little Known AI Company Split Its Stock Next?
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Monolithic Power Systems: Still In Bed With AI, Still A Buy
We remain buy-rated on Monolithic Power Systems, Inc. in 2H24 and 2025. Our positive thesis of AI-related tailwinds offsetting lackluster demand from other business lines remains in play into 2025. We're not too bothered by the higher multiple, as we believe MPWR is uniquely positioned to match growth expectations that the market is pricing in.
1 Top Data Center Power-Chip Stock You Need to Know About Right Now
Monolithic Power has been a long-time market-beating investment. Its business model has helped it excel, and the rise in data centers' power needs has been a quick add-on to Monolithic's leading power chip portfolio.
Here's Why Monolithic Power (MPWR) is a Strong Momentum Stock
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Monolithic (MPWR) Up 4.4% Since Last Earnings Report: Can It Continue?
Monolithic (MPWR) reported earnings 30 days ago. What's next for the stock?
Monolithic Power Systems: A Lesser-Known Semiconductor Play To Ride Electrification And AI Megatrends
Monolithic Power Systems is a solid investment for exposure to AI and electrification megatrends, which should generate 3x returns by 2030. MPS has a competitive advantage in efficiency and miniaturization, with a large patent portfolio and ability to play in diverse markets. The Company has consistently expanded revenue and net income, outperforming competitors and doubling net income margin in 10 years. Furthermore, MPS is debt-free.
