Monolithic Power Systems, Inc. (MPWR) will report its fourth-quarter 2024 results on February 6 after the market closes. The company anticipates revenue of $610.51 million, up from $454.01 million in the same quarter last year. Adjusted earnings per share (EPS) are projected at $4.01, an increase from $2.88 reported in the prior year.
The consensus estimates indicate significant growth across several segments: the Enterprise Data vertical is expected to generate $190.28 million (up from $128.9 million), and the Automotive vertical is projected at $112.05 million (up from $89.76 million). Monolithic Power’s efforts to diversify its supply chain and bolster demand in automotive and communication segments are positive drivers, though competition in the analog integrated circuit market remains a concern.
Despite the growth indicators, Monolithic Power currently holds a Zacks Rank of #4 (Sell) with an earnings ESP of 0.00%, suggesting uncertainty about achieving an earnings beat this quarter.
