Monolithic Power System Inc

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Monolithic Power Systems Inc Sees Q3 Revenue $257 Million To $259 Million

Published: 09/14/2020 22:47 GMT
Monolithic Power System Inc (MPWR) - Monolithic Power Systems Updates Third Quarter 2020 Financial Guidance.
Sees Q3 Revenue $257 Million to $259 Million.
Sees Q3 GAAP Gross Margin 55.1% to 55.3%.
Was Able to Fulfill Our Customers' Demand That Had Been Delinquent Due to Past Capacity Constraints in Q3.
Several China-based Customers Requested Previously Scheduled Shipment Dates Be Pulled Into Q3.
Two Events Affecting Q3 2020 Revenue Outlook Are Believed to Be Non-recurring in Nature.
Q3 Revenue View $205.2 Million -- Refinitiv Ibes Data (analyst estimates).