secwatch.observer — SEC 8-K summary
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Issuer:     MONOLITHIC POWER SYSTEMS INC (MPWR)
CIK:        0001280452
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001437749-24-003353
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monolithic Power Systems Q4 rev $454M, GAAP EPS $1.98; dividend raised 25% to $1.25/quarter
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- Q4 revenue $454.0M, down 1.3% YoY; GAAP net income $96.9M ($1.98 diluted EPS) vs $119.1M ($2.45) a year ago.
- Non-GAAP net income $140.9M ($2.88 diluted EPS) vs $154.0M ($3.17) in Q4 2022.
- FY2023 revenue $1.821B (+1.5% YoY); GAAP net income $427.4M ($8.76 diluted EPS) vs $437.7M ($9.05).
- Quarterly dividend increased 25% to $1.25/share from $1.00; payable Apr 15, 2024 to holders of record Mar 29.
- Q1 2024 guidance: revenue $437-$457M, GAAP gross margin 55.1-55.7%, non-GAAP op expenses $101.8-$103.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280452/000143774924003353/0001437749-24-003353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280452/000143774924003353/mpwr20231113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003353

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