Benzinga | Jul 28, 2020 04:08PM EDT

Monolithic Power Systems Q2 EPS $1.08 Beats $1.00 Estimate, Sales $186.20M Beat $169.73M Estimate

Monolithic Power Systems (NASDAQ:MPWR) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.00 by 8 percent. This is a 17.39 percent increase over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $186.20 million which beat the analyst consensus estimate of $169.73 million by 9.70 percent. This is a 23.31 percent increase over sales of $151.01 million the same period last year.