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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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