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Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 5:00 PM EST
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To: Return to Sender who wrote (90495)7/31/2023 6:09:08 PM
From: Return to Sender1 Recommendation

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Monolithic Power beats by $0.02, reports revs in-line; guides Q3 revs in-line
4:05 PM ET 7/31/23 | Briefing.com

Reports Q2 (Jun) earnings of $2.82 per share, excluding non-recurring items, $0.02 better than the FactSet Consensus of $2.80; revenues fell 4.3% year/year to $441.13 mln vs the $440.35 mln FactSet Consensus.Non-GAAP gross margin (1) was 56.5% for the quarter ended June 30, 2023, excluding the impact of $1.2 million for stock-based compensation expense and $0.3 million for deferred compensation plan expense, compared with 59.0% for the quarter ended June 30, 2022, excluding the impact of $1.2 million for stock-based compensation expense.Co issues in-line guidance for Q3, sees Q3 revs of $464-484 mln vs. $473.43 mln FactSet Consensus.

MPWR also falling after hours. RtS

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