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Fly News Breaks for October 27, 2017
MPWR
Oct 27, 2017 | 06:53 EDT
Oppenheimer analyst Rick Schafer raised his price target for Monolithic Power to $130 saying he remains a long-term buyer of the shares following yesterday's better than expected results. He notes the company's Q4 outlook points to its 18th consecutive quarter of organic double-digit year-over-year revenue growth. The analyst keeps an Outperform rating on Monolithic.
News For MPWR From the Last 2 Days
MPWR
May 1, 2024 | 16:20 EDT
Sees GAAP gross margin between 55.1% and 55.7%. Non-GAAP gross margin between 55.4% and 56.0%, which excludes the impact from stock-based compensation and related expenses as well as the impact from amortization of acquisition-related intangible assets.
MPWR
May 1, 2024 | 16:18 EDT
Reports Q1 revenue $457.9M, consensus $447.72M..."We saw consistent improvement through the first quarter, but we continue to be cautious about second half 2024 business conditions. Overall, our proven, long-term growth strategy remains intact, and we can swiftly adapt to market changes as they occur," said Michael Hsing, CEO and founder of MPS.
