BUZZ-Monolithic Power surges as AI drives Q1 revenue forecast
ReutersFeb 6, 2025 9:42 PM
Shares of Monolithic Power Systems MPWR.O up 18% at $780 in extended trading
Co forecasts Q1 rev above estimates
MPWR expects March-quarter revenue between $610 million and $630 million, above estimate of $578.1 million- LSEG
Revenue in Q4 stood at $621.7 mln, compared with estimates of $608.1 mln
Adjusted profit was $4.09 per share in Q4, compared with estimates of $3.98/share
MPWR shares fell 6.2% in 2024
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