MPWR's Q4 Guidance Remains Steady Despite Market Volatility

Monolithic Power Systems Sees Stock Rise Amid Dividend Announcement

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22 hours ago
Summary
  • Monolithic Power Systems, Inc. (MPWR) is experiencing a 3.81% stock price increase as the company announced a fourth-quarter dividend of $1.25 per share, payable on January 15, 2025
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Monolithic Power Systems, Inc. (MPWR, Financial) is seeing its stock price rise by 3.81% but still traded 34.69% below the 52-week high. This semiconductor-based power electronics company just announced that it will distribute its fourth-quarter dividend of $1.25 per share, which will be paid on January 15, 2025.

For the guidance, MPWR reaffirmed its confidence that they are seeing their revenue for the fourth quarter 2024 to be between $600.0 million and $620.0 million despite recent market volatility and competitive pressures. The company also confirmed its continued partnership with NVIDIA for next-generation systems.

Monolithic Power Systems' fourth-quarter guidance of $600.0 million to $620.0 million is slightly below analysts' consensus estimate of $602.7 million.

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