secwatch.observer — SEC 8-K summary
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Issuer:     MONOLITHIC POWER SYSTEMS INC (MPWR)
CIK:        0001280452
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001437749-22-010441
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPS Q1 revenue $377.7M (+48% YoY); non-GAAP EPS $2.45 vs $1.46
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- GAAP net income $79.6M ($1.65 diluted EPS) vs $45.4M ($0.95) a year ago.
- Non-GAAP net income $118.3M ($2.45) vs $69.5M ($1.46); gross margin expanded 2.5pts.
- All end markets grew YoY; Storage & Computing $96.6M (+88%) and Enterprise Data $42.5M (+163%) led.
- Q2 guidance: revenue $420M-$440M, GAAP gross margin 58.4%-59.0%.
- Non-GAAP gross margin expected 58.7%-59.3%; stock-based comp ~$44-$46M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280452/000143774922010441/0001437749-22-010441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280452/000143774922010441/mpwr20220428_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-010441

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer