Benzinga | Jul 27, 2021 04:09PM EDT

Monolithic Power Systems Q2 Adj. EPS $1.81 Beats $1.69 Estimate, Sales $293.30M Beat $280.54M Estimate

Monolithic Power Systems (NASDAQ:MPWR) reported quarterly earnings of $1.81 per share which beat the analyst consensus estimate of $1.69 by 7.1 percent. This is a 67.59 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $293.30 million which beat the analyst consensus estimate of $280.54 million by 4.55 percent. This is a 57.51 percent increase over sales of $186.21 million the same period last year.