Monolithic Power Systems is trading at $1,459.81 (10.91% up) following a significant Q2 earnings beat and much better-than-expected Q3 guidance.
- The company reported $6.50 EPS on $980.6 million in revenue, both exceeding analyst estimates, fueled by a 164.3% year-over-year surge in Enterprise Data revenue.
- Management issued strong Q3 revenue guidance of $1.14 billion–$1.16 billion, reinforcing investor confidence alongside a broader recovery in the semiconductor sector.