MPS Q1 revenue $451.1M up 19.4% YoY; EPS $2.26 GAAP, $3.00 non-GAAP

MONOLITHIC POWER SYSTEMS INC

2022-Q1 EPS reported $2.26 revenue$451,065,000

Revenue $451.1M, +19.4% YoY but -1.9% sequential; GAAP net income $109.8M, diluted EPS $2.26.
Non-GAAP net income $146.0M, diluted EPS $3.00; non-GAAP gross margin 57.7%.
Automotive revenue doubled YoY to $105.3M; Storage & Computing $119.8M (+24% YoY).
Q2 guidance: revenue $430-450M (down QoQ), GAAP gross margin 55.9-56.5%.
CEO cautious on near-term conditions; focused on long-term growth investments.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MONOLITHIC POWER SYSTEMS INC reported the quarter ended March 31, 2023 results: revenue $451.1 million, net income $109.8 million, EPS $2.26 per diluted share. Guidance initiated.

Period: the quarter ended March 31, 2023
Revenue: $451.1 million
Net income: $109.8 million
EPS: $2.26 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Revenue was $451.1 million for the quarter ended March 31, 2023, a 1.9% decrease from $460.0 million for the quarter ended December 31, 2022 and a 19.4% increase from $377.7 million for the quarter ended March 31, 2022.

View on SEC.gov

Browse all earnings releases →

MONOLITHIC POWER SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001437749-23-012554

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.