Benzinga | Oct 29, 2020 04:05PM EDT

Monolithic Power Systems Q3 EPS $1.69 Beats $1.68 Estimate, Sales $259.40M Beat $258.09M Estimate

Monolithic Power Systems (NASDAQ:MPWR) reported quarterly earnings of $1.69 per share which beat the analyst consensus estimate of $1.68 by 0.6 percent. This is a 56.48 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $259.40 million which beat the analyst consensus estimate of $258.09 million by 0.51 percent. This is a 53.66 percent increase over sales of $168.81 million the same period last year.