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Monolithic Power (MPWR)
NASDAQ:MPWR
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$3.98Last Year’s EPS
$2.88Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -35.95%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive picture with record-breaking revenue and strong performance in key segments like Automotive and Communications. However, there were some concerns regarding the decline in Enterprise Data revenue and inventory levels. Overall, the positive highlights significantly outweighed the lowlights.Company Guidance
During the Q3 2024 earnings call for Monolithic Power Systems (MPWR), the company provided guidance highlighting key metrics and performance indicators. MPS reported record quarterly revenue of $620.1 million, marking a 22% increase from the previous quarter and a 30% rise compared to Q3 2023. Automotive revenue surged by 28% sequentially, driven by advancements in infotainment, lighting, ADAS, and body controls. Additionally, Communication revenue soared by 65% from the prior quarter, fueled by product ramps in Wi-Fi, optical, networking, and router solutions. Storage and Compute revenue also climbed 25% sequentially, supported by demand for DDR5, SSD memory, and notebooks. Despite a 1.5% sequential decline in Enterprise Data, primarily due to shifts in customer ordering patterns, MPS remains optimistic about future growth opportunities and continues to expand its global supply chain to adapt to market changes swiftly.Record-Breaking Revenue
MPS achieved record quarterly revenue of $620.1 million, a 22% increase from Q2 2024 and 30% higher than Q3 2023.
Strong Performance in Automotive and Communications Segments
Automotive revenue was up 28% sequentially, and Communication revenue increased by 65% from the prior quarter due to new product ramps.
Expansion in Global Supply Chain
MPS continues to expand and diversify its global supply chain to maintain stability and capture future growth.
Growth in Storage and Compute Revenue
Storage and Compute revenue rose 25% sequentially, driven by demand for DDR5, SSD memory, and notebooks.
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MPWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $919.81 | $759.30 | -17.45% |
| Aug 01, 2024 | $783.89 | $794.68 | +1.38% |
| May 01, 2024 | $650.70 | $710.83 | +9.24% |
| Feb 07, 2024 | $642.34 | $733.56 | +14.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Monolithic Power (MPWR) report earnings?
Monolithic Power (MPWR) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Monolithic Power (MPWR) earnings time?
Monolithic Power (MPWR) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MPWR EPS forecast?
MPWR EPS forecast for the fiscal quarter 2024 (Q4) is $3.98.
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