Monolithic Power Systems (MPWR) Revenue — Quarter Ended Jun 30, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The sequential decrease was smaller than the year-over-year drop.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The sequential decrease was smaller than the year-over-year drop.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$441.1M
Revenue reported for this quarter.
Quarter-over-quarter
-2.2%
Change from the immediately preceding quarter.
Year-over-year
-4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $495.4M | +53.1% |
| Dec 31, 2022 | $460M | +36.7% |
| Mar 31, 2023 | $451.1M | +77.3% |
| Jun 30, 2023 | $441.1M | -4.3% |
Revenue performance
The reported revenue moved downward, reflecting a contraction from the preceding quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Versus the same quarter one year earlier, revenue also declined, with the year-over-year decrease being more pronounced than the sequential change.
What to watch
The filing context does not provide specific causes for the revenue change; monitor future filings for any discussion of demand or market conditions.