Will Lower Revenues Hurt Monolithic Power (MPWR) Q4 Earnings?
MPS(MPWR) Zacks Investment Research·2024-02-05 23:51
Monolithic Power Systems, Inc. (MPWR) is scheduled to report fourth-quarter 2023 results on Feb 7, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 0.33%. It pulled off a trailing four-quarter earnings surprise of 0.58%, on average.The Kirkland, WA-based company is likely to report lower revenues year over year in the fourth quarter. Fluctuating ordering patterns across the broader market, owing to business uncertainty, is expected to have had a negative im ...