Shares of Monolithic Power Systems (MPWR) soared 5.45% in after-hours trading on Thursday following the company's release of better-than-expected second-quarter results and optimistic third-quarter guidance. The semiconductor company continues to demonstrate robust growth across various market segments, defying concerns about a potential slowdown in the chip industry.
For the second quarter ended June 30, 2025, Monolithic Power Systems reported revenue of $664.6 million, surpassing analysts' estimates of $650.8 million. The company's adjusted earnings per share came in at $4.21, beating the consensus expectation of $4.11. This strong performance represents a 31.0% increase in revenue compared to the same period last year, showcasing the company's ability to maintain impressive growth rates.
Adding to investor enthusiasm, Monolithic Power Systems provided an upbeat outlook for the third quarter. The company projects Q3 revenue between $710 million and $730 million, significantly above analysts' expectations of $679.4 million. This guidance suggests continued momentum across the company's diverse end markets, including storage and computing, automotive, and communications sectors. CEO Michael Hsing emphasized that the company's "proven, long-term growth strategy remains intact" as they continue their transformation from a chip-only semiconductor supplier to a full-service, silicon-based solutions provider.
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