Monolithic (MPWR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Monolithic Power (MPWR) reported $457.89 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.5$2.81 for the same period compares to $3.00 a year ago.The reported revenue represents a surprise of +2.26$447.76 million. With the consensus EPS estimate being $2.66, the EPS surprise was +5.64%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...