Free Research Report as Monolithic Power’s Quarterly Sales Surged 25%; Adjusted EPS Advanced 26%

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LONDON, UK / ACCESSWIRE / March 14, 2018 / Active-Investors.com has just released a free earnings report on Monolithic Power Systems, Inc. (NASDAQ: MPWR) ("MPS"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MPWR. MPS reported its fourth quarter and fiscal 2017 operating and financial results on February 08, 2018. The chipmaker outperformed top- and bottom-line expectations and provided guidance for the upcoming quarter. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Vivint Solar, Inc. (NYSE: VSLR), which also belongs to the Technology sector as the Company Monolithic Power Systems. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Monolithic Power Systems most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=MPWR

Earnings Highlights and Summary

For the three months ended December 31, 2017, MPS' revenue surged 24.9% to $129.4 million compared to $103.6 million for the quarter ended December 31, 2016. The Company's reported numbers exceeded analysts' estimates of $126.5 million.

During Q4 2017, MPS' GAAP gross margin was 55.0% compared to 54.5% for Q4 2016. The Company's non-GAAP gross margin for the reported quarter was 55.7%, excluding the impact of $0.4 million for stock-based compensation expense and $0.5 million for the amortization of acquisition-related intangible assets compared with non-GAAP gross margin of 55.4% for the prior quarter, excluding the impact of $0.4 million for stock-based compensation expense and $0.5 million for the amortization of acquisition-related intangible assets.

For Q4 2017, MPS reported GAAP operating income of $25.1 million compared to $17.5 million for Q4 2016. The Company's non-GAAP operating income was $38.2 million, excluding $11.9 million for stock-based compensation expense, $0.5 million for the amortization of acquisition-related intangible assets, and $0.8 million for deferred compensation plan expense compared to non-GAAP operating income of $29.0 million, excluding $10.7 million for stock-based compensation expense, $0.5 million for the amortization of acquisition-related intangible assets, and $0.2 million for deferred compensation plan expense, for the year earlier corresponding quarter.

MPS' GAAP income before income taxes was $26.7 million in Q4 2017 compared to $18.4 million for Q4 2016. The Company's non-GAAP income before income taxes for the reported quarter was $39.2 million, excluding $11.9 million for stock-based compensation expense, $0.5 million for the amortization of acquisition-related intangible assets, and $0.1 million for deferred compensation plan expense compared to $29.7 million in the year ago same period, excluding $10.7 million for stock-based compensation expense and $0.5 million for the amortization of acquisition-related intangible assets.

For Q4 2017, MPS recorded GAAP net income of $12.1 million, or $0.27 per diluted share, compared to GAAP net income of $16.6 million, or $0.39 per diluted share, for Q4 2016.

The Company's reported quarter non-GAAP net income was $36.3 million, or $0.82 per diluted share, excluding stock-based compensation expense, amortization of acquisition-related intangible assets, net deferred compensation plan expense and related tax effects for Q4 2017 compared to non-GAAP net income of $27.5 million, or $0.65 per diluted share, excluding stock-based compensation income, amortization of acquisition-related intangible assets, net deferred compensation plan expense and related tax effects, for Q4 2016.

For the year ended December 31, 2017 (FY17), MPS' revenue was $470.9 million, reflecting a 21.2% increase from revenue of $388.7 million for FY16.

For FY17, MPS reported GAAP net income of $65.2 million, or $1.50 per diluted share. Comparatively, GAAP net income was $52.7 million, or $1.26 per diluted share, for FY16.

For FY17, MPS' non-GAAP net income was $127.5 million, or $2.93 per diluted share, excluding stock-based compensation expense, amortization of acquisition-related intangible assets, net deferred compensation plan expense and related tax effects, compared to non-GAAP net income of $96.3 million, or $2.30 per diluted share, excluding stock-based compensation expense, amortization of acquisition-related intangible assets, net deferred compensation plan income, and related tax effects for FY16.

Business Outlook

For the first quarter ending March 31, 2018, MPS is forecasting revenue in the range of $122 million to $128 million. The Company is expecting GAAP gross margin between 54.8% and 55.8% and non-GAAP gross margin between 55.3% and 56.3%.

Stock Performance Snapshot

March 13, 2018 - At Tuesday's closing bell, Monolithic Power Systems' stock dropped 1.44%, ending the trading session at $123.70.

Volume traded for the day: 249.14 thousand shares.

Stock performance in the last month – up 12.37%; previous three-month period – up 9.67%; past twelve-month period – up 35.99%; and year-to-date – up 10.09%

After yesterday's close, Monolithic Power Systems' market cap was at $4.94 billion.

Price to Earnings (P/E) ratio was at 46.36.

The stock has a dividend yield of 0.97%.

The stock is part of the Technology sector, categorized under the Semiconductor - Specialized industry.

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