Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2023
The following are MPS’s financial targets for the fourth quarter ending December 31, 2023:
- The following are MPS’s financial targets for the fourth quarter ending December 31, 2023:
Revenue in the range of $442.0 million to $462.0 million. - Non-GAAP operating expenses (1) between $95.9 million and $97.9 million, which excludes estimated stock-based compensation expenses in the range of $31.2 million to $33.2 million.
- Non-GAAP operating expenses exclude the effect of stock-based compensation expense, amortization of purchased intangible assets and deferred compensation plan income (expense).
- Non-GAAP operating income excludes the effect of stock-based compensation expense, amortization of purchased intangible assets and deferred compensation plan expense (income).