Monolithic Power Systems Inc.
shares fell in the extended session Monday after the computer power system maker’s in-line forecast took away from its earnings beat. Monolithic shares fell more than 4% after hours, following a 2.6% rise in the regular session to close at $559.49. The company reported second-quarter net income of $99.5 million, or $2.04 a share, compared with $114.7 million, or $2.37 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.
shares fell in the extended session Monday after the computer power system maker’s in-line forecast took away from its earnings beat. Monolithic shares fell more than 4% after hours, following a 2.6% rise in the regular session to close at $559.49. The company reported second-quarter net income of $99.5 million, or $2.04 a share, compared with $114.7 million, or $2.37 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.
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