Monolithic Power Systems Declares Fourth Quarter Cash Dividend, Payable on January 15, 2015
Dec 15 14
Monolithic Power Systems announced its fourth quarter dividend of $0.15 per common share to all stockholders of record as of the close of business on December 31, 2014.Â The dividend will be paid on January 15, 2015.
Networked Energy Services Corporation Selects Monolithic Power Systems' Monolithic 900V AC/DC Switching Regulator
Nov 11 14
Monolithic Power Systems announced that Networked Energy Services Corporation (NES) selected MPS' unique Monolithic 900V AC/DC Switching Regulator product MP110 for NES' Patagonia, its Smart Grid Platform. NES designed in MP110 for its features that together offer an optimum AC/DC solution for robustness and compactness while supporting smart home connectivity. These features include a 900V, low ohmic, monolithic switching FET that supports over 8W of output power; rugged 900V start-up depletion FET for low, no-load power dissipation; precise over-temperature protection (OTP) on the same silicon as the 900V power FET; and proprietary switching characteristics to minimize electromagnetic interference with minimal external components.
Monolithic Power Systems Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2014
Oct 27 14
Monolithic Power Systems Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of USD 78,335,000 against USD 65,347,000 a year ago. Income from operations was USD 10,446,000 against USD 8,656,000 a year ago. Income before income taxes was USD 10,648,000 against USD 8,597,000 a year ago. Net income was USD 11,221,000 against USD 7,410,000 a year ago. Diluted net income per share was USD 0.28 against USD 0.19 a year ago. Non-GAAP net income was USD 18,324,000 against USD 12,799,000 a year ago. Diluted non-GAAP net income per share was USD 0.46 against USD 0.33 a year ago. Non-GAAP operating margin grew from 21.3% to 25% for the same period. Non-GAAP gross margin expanded from 54.5% in the prior quarter to 54.9% due to improved product mix. The company generated operating cash flow of about USD 14 million.
For the nine months, the company reported revenue of USD 206,832,000 against USD 174,531,000 a year ago. Income from operations was USD 26,135,000 against USD 15,875,000 a year ago. Income before income taxes was USD 26,821,000 against USD 16,024,000 a year ago. Net income was USD 26,635,000 against USD 15,399,000 a year ago. Diluted net income per share was USD 0.67 against USD 0.40 a year ago. Non-GAAP net income was USD 48,573,000 against USD 28,534,000 a year ago. Diluted non-GAAP net income per share was USD 1.23 against USD 0.74 a year ago.
For the fourth quarter ending December 31, 2014, the company expects revenue in the range of USD 72 million to USD 76 million, GAAP gross margin between 53.6% and 54.6%, non-GAAP gross margin between 54.4% and 55.4%, non-GAAP gross margin in the range of 54.4% to 55.4%. This excludes an estimated impact of stock-based compensation expenses of 0.3% and amortization of acquisition-related intangible assets of 0.5%. Fully diluted shares are expected to be in the range of 40 million to 40.5 million shares before share buyback.
Monolithic Power Systems Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-11-2014
Oct 15 14
Monolithic Power Systems Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-11-2014 . Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States. Speakers: Meera P. Rao, Chief Financial Officer and Principal Accounting Officer.
Monolithic Power Systems Inc. to Report Q3, 2014 Results on Oct 27, 2014
Oct 9 14
Monolithic Power Systems Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Daylight on Oct 27, 2014