Monolithic Power trades up AH following Q3 results

|About: Monolithic Power Systems, Inc. (MPWR)|By:, SA News Editor

Monolithic Power (MPWR) shares tread up 1.9% AH following the company's Q3 results.

Communication revenue climbed 17.2% Y/Y to $15M, Storage and Computing 13.0% to $12.2M, Consumer 8.1% to $28.1M, and Industrial 44.9% to $10M.

Management guides for revenue of $61M-$65M (vs. consensus of $63.8M), gross margin of 53.5%-54.5%, and R&D and SG&A of $25M-$26.8M and $20M-$21M respectively.

PR, conference call at 5pm ET