Monolithic Power Systems Updates First Quarter 2025 Financial Guidance

Core Viewpoint - Monolithic Power Systems, Inc. (MPS) has updated its financial guidance for the first quarter of 2025, indicating an increase in expected revenue and operating expenses compared to previous announcements [1]. Financial Guidance Update - The updated revenue guidance for the three months ending March 31, 2025, is projected to be between $630.0 million and$640.0 million, an increase from the previous range of $610.0 million to$630.0 million [1]. - GAAP operating expenses are now expected to be between $184.9 million and$190.9 million, revised from the earlier estimate of $180.2 million to$186.2 million [1]. - Non-GAAP operating expenses are updated to a range of $131.6 million to$135.6 million, compared to the previous range of $126.9 million to$130.9 million [1]. Upcoming Events - MPS will host an Analyst Day on March 20, 2025, at 9:00 am Pacific Time, where management will discuss corporate strategy, business updates, and financial metrics [1]. - Further details on the first quarter financial results and second quarter guidance will be provided in an earnings release and webinar scheduled for late April to early May 2025 [1]. Company Overview - Monolithic Power Systems, Inc. is a fabless global company specializing in high-performance, semiconductor-based power electronics solutions, aiming to enhance energy efficiency and reduce material consumption [5]. - Founded in 1997, MPS leverages deep system-level knowledge, semiconductor expertise, and innovative technologies to deliver reliable and cost-effective solutions [5].