Monolithic Power (MPWR) Q2 Earnings Beat on Solid AI Traction
MPS(MPWR) ZACKS·2024-08-07 01:40
Monolithic Power Systems, Inc. (MPWR) , the leading provider of power management solutions, reported better-than-expected second-quarter results. Non-GAAP earnings of 2.82 in the year-ago quarter.Revenues surged 15% year over year to 22 million. Solid demand for AI power solutions, growing orders in multiple end markets and revenues realiz ...