Investing.com -- Monolithic Power Systems (NASDAQ:MPWR) shares climbed 3% following the company’s announcement of increased revenue guidance for the first quarter ending March 31, 2025. The fabless semiconductor company, known for its high-performance power electronics solutions, revised its forecast, signaling stronger performance than previously expected.
The updated financial guidance, released on March 20, 2025, indicates a revenue range of $630.0 million to $640.0 million, up from the $610.0 million to $630.0 million range announced on February 6, 2025. This adjustment suggests a positive outlook for the company’s first-quarter performance. Additionally, GAAP operating expenses are now expected to be between $184.9 million and $190.9 million, with non-GAAP operating expenses projected to be in the range of $131.6 million to $135.6 million.
The announcement came ahead of Monolithic Power Systems’ Analyst Day, scheduled for 9:00 am Pacific Time on the same day as the updated guidance release. During this event, MPS management plans to discuss the company’s corporate strategy, business and product updates, and financial metrics, providing further insights into the company’s operations and market positioning.
Investors reacted positively to the news, pushing the stock upward in the latest trading session. The rise in share price reflects confidence in Monolithic Power Systems’ ability to outperform its initial estimates for the quarter.
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