The company said revenue for the quarter ended September 30, 2024 was $620.1 million, up 22.2% from $507.4 million for the quarter ended June 30, 2024 and up 30.6% from $474.9 million for the quarter ended September 30, 2023.

1. 01

   The company said revenue for the quarter ended September 30, 2024 was $620.1 million, up 22.2% from $507.4 million for the quarter ended June 30, 2024 and up 30.6% from $474.9 million for the quarter ended September 30, 2023.

2. 02

   Monolithic Power Systems said GAAP net income for the quarter ended September 30, 2024 was $144.4 million, or $2.95 per diluted share. For the same quarter of 2023, GAAP net income was $121.2 million, or $2.48 per diluted share.

3. 03

   The company reported Enterprise Data market revenue of $184,459 thousand for the 3 months ended September 30, 2024, up from $98,938 thousand for the same period of 2023. Revenue for the 9-month period to date was $521,397 thousand and $194,083 thousand.

4. 04

   Monolithic Power Systems set its revenue outlook for the quarter ending December 31, 2024 at $600.0 million to $620.0 million, and its GAAP gross margin outlook at 55.2% to 55.8% for Q4.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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