Monolithic Power Systems Q3 Adj. EPS $3.08 vs $3.07 Est., Revenue $474.9M vs $474.867M Est.
Portfolio Pulse from Benzinga Newsdesk
Monolithic Power Systems reported Q3 adjusted EPS of $3.08, slightly above the estimated $3.07. The company's revenue was $474.9M, marginally surpassing the estimate of $474.867M.
October 30, 2023 | 8:03 pm
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POSITIVE IMPACT
Monolithic Power Systems reported better-than-expected Q3 earnings and revenue, which could positively impact the company's stock in the short term.
Monolithic Power Systems reported Q3 earnings and revenue that slightly beat estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100