Monolithic Power Systems Full Year 2022 Earnings: In Line With Expectations
Monolithic Power Systems (NASDAQ:MPWR) Full Year 2022 Results
Key Financial Results
Revenue: US$1.79b (up 49% from FY 2021).
Net income: US$437.7m (up 81% from FY 2021).
Profit margin: 24% (up from 20% in FY 2021). The increase in margin was driven by higher revenue.
EPS: US$9.37 (up from US$5.28 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Monolithic Power Systems Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in the US.
Performance of the American Semiconductor industry.
The company's shares are up 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Monolithic Power Systems that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here