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Technology Stocks : Semi Equipment Analysis
SOXX 296.26-3.9%Nov 4 4:00 PM EST

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To: Return to Sender who wrote (90144)5/4/2023 4:51:56 PM
From: Return to Sender  Read Replies (1) of 95358
 
Monolithic Power beats by $0.03, reports revs in-line; guides Q2 revs below consensus
4:04 PM ET 5/4/23 | Briefing.com

Reports Q1 (Mar) earnings of $3.00 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $2.97; revenues rose 19.4% year/year to $451.1 mln vs the $448.97 mln S&P Capital IQ Consensus. Co issues downside guidance for Q2, sees Q2 revs of $430-450 mln vs. $456.28 mln S&P Capital IQ Consensus.GAAP gross margin between 55.9% and 56.5%. Non-GAAP gross margin between 56.2% and 56.8%, which excludes an estimated impact of stock-based compensation expenses of 0.3%.
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