Monolithic Power Systems Lifts Q1 Revenue Guidance; Shares Rise

MT Newswires Live
21 Mar

Monolithic Power Systems (MPWR) shares were up 0.9% in recent Thursday trading after the company raised its Q1 revenue guidance.

The company said it now expects Q1 revenue of $630 million to $640 million, up from a prior outlook of $610 million to $630 million provided on Feb. 6.

Analysts polled by FactSet expect $620.6 million.

Price: 635.18, Change: +5.33, Percent Change: +0.85

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10