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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:07 EDTMPWRMonolithic Power signs new distribution agreement with Future Electronics
Monolithic Power Systems has signed a distribution agreement with Future Electronics for the promotion and sale of MPS products in the Americas. Future will distribute MPS high-performance power solutions addressing a wide range of analog applications, particularly in lighting and industrial markets.
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October 27, 2014
16:07 EDTMPWRMonolithic Power sees Q4 revenue $72M-$76M, consensus $74.33M
The company expects non-GAAP gross margin between 54.4%-55.4%.
16:06 EDTMPWRMonolithic Power reports Q3 EPS 46c, consensus 46c
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07:48 EDTMPWRMonolithic Power weakness creates buying opportunity, says Oppenheimer
Oppenheimer believes that the 15% drop in Monolithic's stock since its September high creates a buying opportunity. The firm expects the company to generate "outsize growth" and gross margin increases. It reiterates a $45 price target and Outperform rating.

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