Recap: Monolithic Power Systems Q4 Earnings
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems (NASDAQ:MPWR) reported Q4 earnings with an EPS of $2.88, beating estimates by 1.05% but with a revenue decrease of $6.00 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a 9.34% share price increase the following day.
February 07, 2024 | 9:05 pm
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Monolithic Power Systems reported a Q4 EPS of $2.88, surpassing estimates, but experienced a revenue decline from the previous year.
Monolithic Power Systems' history of exceeding EPS estimates and the positive reaction in its share price following past earnings announcements suggest a likely short-term positive impact on its stock price. However, the revenue decline could temper some of the positive sentiment.
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