Piper Jaffray Remains Positive as Monolithic Power Systems (MPWR) Reports In-Line Results
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Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2015
October 26, 2015 4:01 PM EDTSAN JOSE, Calif., Oct. 26, 2015 /PRNewswire/ -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high performance power solutions, today announced financial results for the quarter ended September 30, 2015.
The results for the quarter ended September 30, 2015 are as follows:
Net revenue was $91.2 million, a 12.0% increase from $81.4 million in the second quarter of 2015 and a 16.4% increase from $78.3 million in the third quarter of 2014. GAAP gross margin was 54.2%, compared with 54.2% in the third quarter of 2014. Non-GAAP gross margin(1) was 55.1%, which excluded the impact of $0.3 million for stock-based... More