NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Washington on behalf of all persons or entities who purchased or otherwise acquired Monolithic Power Systems, Inc. (“Monolithic Power” or the “Company”) (NASDAQ: MPWR) securities between February 8, 2024 and November 8, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendants made materially fa ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. ("MPS") (NASDAQ:MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter and year ended December 31, 2024. MPS also announced that its Board of Directors has approved an increase in the quarterly cash dividend from $1.25 per share to $1.56 per share. The first quarter dividend of $1.56 per share will be paid on April 15, 2 ...

Exhibit 99.1 KIRKLAND, WASHINGTON, February 6, 2025-- Monolithic Power Systems, Inc. ("MPS") (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter and year ended December 31, 2024. MPS also announced that its Board of Directors has approved an increase in the quarterly cash dividend from $1.25 per share to $1.56 per share. The first quarter dividend of $1.56 per share will be paid on April 1 ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter and year ended December 31, 2024. MPS also announced that its Board of Directors has approved an increase in the quarterly cash dividend from $1.25 per share to $1.56 per share. The first quarter dividend of $1.56 per share will be paid on April 15, ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced its Board of Directors has approved a new stock repurchase program that authorizes MPS to repurchase up to $500 million in the aggregate of its common stock, which will expire on February 4, 2028. Shares of common stock repurchased under the program will be retired. As of December 31, 2024, ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on February 6, 2025 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/96816578886. 2024 Financial Summary (Unaudited)GAAP                                                    2024  2023  YoY ChangeYoY Change (%)Revenue ($k)$2,207,100 $1,821,072  Up $ 386,028Up 21.2%Gross Margin 55.3% 56.1% Do ...

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Monolithic Power Systems, Inc. (“Monolithic Power Systems” or “the Company”) (NASDAQ: MPWR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or ...

LOS ANGELES, Feb. 6, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Monolithic Power Systems, Inc. ("Monolithic Power" or "the Company") (NASDAQ: MPWR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 8, 2024 and November 8, 2024, inclusive ...

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Monolithic Power Systems, Inc. (NASDAQ: MPWR) between February 8, 2024 and November 8, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2025.So what: If you purchased Monolithic Power Systems common ...

Core Points - A class action lawsuit has been filed against Monolithic Power Systems Inc. (NASDAQ: MPWR) on behalf of shareholders who purchased stock between February 8, 2024, and November 8, 2024 [1] - The lawsuit alleges that Monolithic misled investors regarding significant performance and quality control issues with its products, particularly affecting its relationship with Nvidia, its most important customer [2] - The stock price of Monolithic fell over 30% from a high of more than $959 per share to approximately $647 per share by the end of the class period due to the revelation of these issues [2] Allegations - Monolithic's voltage regulator modules and power management integrated circuits were reportedly suffering from significant performance and quality control issues [2] - The defects negatively impacted Nvidia's products that utilized Monolithic's components [2] - Monolithic failed to adequately address known issues affecting its power management solutions supplied to Nvidia, leading to irreparable damage to their relationship [2] - The company is exposed to material undisclosed risks of significant business, financial, and reputational harm as a result of these issues [2] Next Steps - Shareholders interested in serving as lead plaintiffs must file papers with the court by April 7, 2025 [3] - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [3] Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]