Monolithic Power Systems forecast current-quarter revenue slightly below estimates on Monday, signaling weakness in some areas of the semiconductor industry, sending the company's shares down 4% in after-market trading.
forecast current-quarter revenue slightly below estimates on Monday, signaling weakness in some areas of the semiconductor industry, sending the company's shares down 4% in after-market trading.
The maker of circuit-level power solutions sees revenue between $464 million and $484 million for the quarter ending Sept. 30. The midpoint of the range came in below the $473.5 million estimate, according to Refinitiv data.
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