Monolithic Power Systems Analysts Increase Their Forecasts After Strong Q2 Results
Monolithic Power Systems Inc (NASDAQ: MPWR) reports better-than-expected Q2 results and strong Q3 sales guidance, shares rise 11.3% in pre-market.
Monolithic Power Systems did better than experts thought it would in the last quarter, and they expect next quarter to be strong too. When a company beats expectations and looks ahead positively, it can mean the company is doing well and people feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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