Monolithic Power Systems (MPWR) Tops Q2 EPS by 1c
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Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2017
July 26, 2017 4:26 PM EDTSAN JOSE, Calif., July 26, 2017 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high performance analog solutions, today announced financial results for the quarter ended June 30, 2017.
Revenue was $112.2 million, an 11.8% increase from $100.4 million for the quarter ended March 31, 2017 and a 19.3% increase from $94.1 million for the quarter ended June 30, 2016.GAAP gross margin was 54.7%, compared with 54.1% for the quarter ended June 30, 2016.Non-GAAP gross margin(1) was 55.6%, excluding the impact of $0.5 million for stock-based compensation expense and $0.5 million for the amortization of acquisition-related intangible assets, compared with 55.1% for... More