Monolithic Power Systems Q4 Adj EPS $2.88 Beats $2.85 Estimate, Sales $454.01M Beat $452.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monolithic Power Systems (MPWR) reported Q4 adjusted EPS of $2.88, surpassing the $2.85 estimate, and sales of $454.01M, exceeding the $452.09M estimate. However, this represents a 9.15% decrease in earnings and a 1.30% decrease in sales from the same period last year.
February 07, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Monolithic Power Systems reported higher-than-expected Q4 earnings and sales, but saw a decrease compared to last year.
Beating both earnings and sales estimates typically has a positive short-term impact on a company's stock price. However, the year-over-year decline in both metrics might temper investor enthusiasm, suggesting a cautious optimism in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100