Fabless semiconductor manufacturer Monolithic Power Systems announced its financial results for the quarter and year ended December 31, 2011.
For the fourth quarter, Monolith posted net revenues of $47.5 million, a 10.4% decrease from $53.0 million in the third quarter of 2011 and a slight increase from $47.1 million in the fourth quarter of 2010. Gross margin for the quarter was 52.5%, flat to the third quarter of 2011 and a 2.0% increase from 50.5% in the fourth quarter of 2010.