Monolithic Power Systems shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Monolithic Power Systems shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.
August 01, 2024 | 9:10 pm
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Monolithic Power Systems shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 revenue guidance above estimates.
The better-than-expected Q2 financial results and higher Q3 revenue guidance are positive indicators for Monolithic Power Systems, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100