Monolithic Power Systems reports Q2 beat, but shares drop 7% on weak guidance

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Q2 EPS was $2.82, compared to the consensus estimate of $2.80. Revenue fell 4.3% year-over-year to $441.1 million, compared to the consensus of $440.6M.

For Q3/23, the company expects revenue in the range of $464-$484M, compared to the consensus estimate of $473.47M.

By Davit Kirakosyan