earnings
confidence high
sentiment positive
materiality 0.75
MPWR Q3 revenue $620.1M (+30.6% YoY), non-GAAP EPS $4.06, guides Q4 rev $600-620M
MONOLITHIC POWER SYSTEMS INC
2024-Q3 EPS reported
$6.89
revenue$1,585,435,000
- Revenue $620.1M, up 22.2% QoQ and 30.6% YoY; GAAP EPS $2.95, non-GAAP EPS $4.06.
- Enterprise Data revenue $184.5M (+86.4% YoY); Communications up 65% QoQ to $71.9M.
- GAAP gross margin 55.4%; non-GAAP 55.8%. Operating cash flow $231.7M; cash $1.46B.
- Q4 guidance: revenue $600-620M, GAAP gross margin 55.2-55.8%, non-GAAP 55.5-56.1%.
- Days sales outstanding improved to 24 days; inventory days 140 (flat QoQ on forward revenue).