Monolithic Power Systems (NASDAQ: MPWR) is scheduled to reveal its financial results for the third quarter on Wednesday 30th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
According to the predictions of financial experts on Wall Street, the organization is expected to announce an anticipated $3.97 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $600.61 million for the period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $2.17 billion. At the same time, they are expecting the company to achieve per share profit of $14 for the fiscal year ahead.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $3.08. This considerable sum was attributed to the company's total revenue, which reached an impressive $474.87 million during that specific quarter.
MPWR will host a conference call with investment community on 30th October 2024 at 05:00 PM eastern time to discuss the financial results.
Monolithic Power Systems (MPWR) closed Monday's regular trading session at $890.46, demonstrating a 1.2 percent fall. The stock fluctuated between $885.92 and $911.38 during the day, with a volume of 631.20 thousand shares.
