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The Kirkland, Washington-based Monolithic Power Systems, Inc. (MPWR) is a leading American semiconductor company specializing in high-performance, energy-efficient power solutions. Founded in 1997 by CEO Michael Hsing, the company is currently valued at a market cap of $25.7 billion and operates globally with a presence in over 15 countries.
It is expected to release its fiscal Q1 earnings results on Thursday, May 1. Ahead of this event, analysts expect the semiconductor company to report a profit of $3.02 per share, up 53.3% from $1.97 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in two of the last four quarters while missing on two other occasions.