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Monolithic Power Announces Consecutive Record Revenue Results for Quarter & Nine Months Ended September 30, 2010

Tue, 11/09/2010 - 11:21am
PowerPulse.net

Monolithic Power Systems (MPS) announced financial results for the quarter and nine months ended September 30, 2010.

The results for the quarter ended September 30, 2010 are as follows: net revenues were $65.8 million, an increase of 18.2% sequentially from $55.7 million in the second quarter of 2010 and 37.3% from $48.0 million in the third quarter of 2009. Gross margin was 54.7%, compared to 58.2% in the second quarter of 2010 and 60.7% in the third quarter of 2009.

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