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.
Monolithic Power Systems forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its power control products as generative AI drives data center expansion, sending its shares up more than 14% after the bell.
MPWR is expected to record top-line growth in the fourth quarter, driven by healthy demand in multiple segments. Focus on improving supply chain resiliency is a positive.
Evaluate the expected performance of Monolithic (MPWR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
After reaching record highs last year, shares of Monolithic Power Systems (MPWR) have slumped more than 30% since the semiconductor firm's last earnings report at the end of October, but analysts have remained bullish on the stock.
Monolithic Power Systems offers a buying opportunity after a price correction due to exaggerated share loss concerns and weak Q3 2024 results. MPWR's innovative power management solutions and fabless model drive market-share gains, particularly in the automotive and data center sectors. Despite the competition, MPWR's efficient solutions and flexible structure position it for continued growth, with the CEO confident in the 2025 outlook.