MPWR - These Analysts Increase Their Forecasts On Monolithic Power Systems Following Earnings Beat | Benzinga
Monolithic Power Systems, Inc. (NASDAQ: MPWR) reported better-than-expected fourth-quarter financial results and increased its quarterly cash dividend from $1 to $1.25 per share on Wednesday.
Monolithic Power Systems posted adjusted earnings of $2.88 per share, beating estimates of $2.85 per share. The company’s quarterly sales came in at $454.01 million versus estimates of $452.09 million, according to data from Benzinga Pro.
Monolithic Power Systems announced the ...