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AI brief of an SEC Form 8-K · Monolithic Power Systems (MPWR)

Monolithic Power Systems Q2 revenue falls 4.3% to $441.1 million; EPS $2.04

Negative Impact 3 of 5 earnings Written later

Monolithic Power Systems reported second-quarter 2023 results for the quarter ended June 30, 2023, with revenue of $441.1 million, down 4.3% from $461.0 million a year earlier. GAAP diluted earnings per share were $2.04, down from $2.37, and the company gave third-quarter revenue guidance of $464.0 million to $484.0 million.

Key points

  • Q2 2023 revenue was $441.1 million, down 2.2% from Q1 2023 and down 4.3% from Q2 2022.
  • GAAP net income was $99.5 million, or $2.04 per diluted share, versus $114.7 million, or $2.37, a year earlier.
  • Six-month revenue rose 6.4% to $892.2 million, with automotive revenue of $209.7 million in the first half of 2023 versus $115.6 million in 2022.
  • Third-quarter 2023 revenue guidance is $464.0 million to $484.0 million, with GAAP gross margin of 55.5% to 56.1%.

The filing

CompanyMonolithic Power Systems (MPWR)
Form8-K, current report
Filed with the SECJul 31, 2023, 4:01 PM ET
Accession number0001437749-23-021166

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.