KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on February 6, 2025 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/96816578886.
| 2024 Financial Summary | (Unaudited) |
| GAAP
|
| | | 2024 | | | 2023 | | | YoY Change | YoY Change (%) |
| Revenue ($k) | $ | 2,207,100 | | $ | 1,821,072 | | | Up $ 386,028 | Up 21.2% |
| Gross Margin | | 55.3 | % | | 56.1 | % | | Down 0.8 pts | Down 1.4% |
| Opex ($k) | $ | 681,512 | | $ | 539,383 | | | Up $ 142,129 | Up 26.4% |
| Operating Margin | | 24.4 | % | | 26.5 | % | | Down 2.1 pts | Down 7.9% |
| Net income ($k) | $ | 1,786,700 | | $ | 427,374 | | | Up $ 1,359,326 | Up 318.1% |
| Diluted EPS | $ | 36.59 | | $ | 8.76 | | | Up $ 27.83 | Up 317.7% |
| | | 2024 | | | 2023 | | | YoY Change | YoY Change (%) |
| Revenue ($k) | $ | 2,207,100 | | $ | 1,821,072 | | | Up $ 386,028 | Up 21.2% |
| Gross Margin | | 55.8 | % | | 56.4 | % | | Down 0.6 pts | Down 1.1% |
| Opex ($k) | $ | 466,379 | | $ | 385,395 | | | Up $ 80,984 | Up 21.0% |
| Operating Margin | | 34.6 | % | | 35.2 | % | | Down 0.6 pts | Down 1.7% |
| Net income ($k) | $ | 689,755 | | $ | 574,647 | | | Up $ 115,108 | Up 20.0% |
| Diluted EPS | $ | 14.12 | | $ | 11.78 | | | Up $ 2.34 | Up 19.9% |
| | | Revenue | | YoY Change | | % of Total Rev |
| End Market ($M) | | | 2024 | | | 2023 | | | $ | | % | | | 2024 | | 2023 | |
| Enterprise Data | | $ | 716.2 | $ | 323.0 | | $ | 393.2 | | 121.7 | % | | 32.5 | % | 17.7 | % |
| Storage & Computing | | | 501.6 | | 491.1 | | | 10.5 | | 2.1 | % | | 22.7 | | 27.0 | |
| Automotive | | | 414.0 | | 394.7 | | | 19.3 | | 4.9 | % | | 18.8 | | 21.7 | |
| Communications | | | 225.9 | | 204.9 | | | 21.0 | | 10.2 | % | | 10.2 | | 11.3 | |
| Consumer | | | 202.0 | | 234.7 | | | (32.7 | ) | (13.9 | %) | | 9.1 | | 12.9 | |
| Industrial | | | 147.4 | | 172.7 | | | (25.3 | ) | (14.6 | %) | | 6.7 | | 9.4 | |
| Total | | $ | 2,207.1 | $ | 1,821.1 | | $ | 386.0 | | 21.2 | % | | 100 | % | 100 | % |
| Q4 2024 Financial Summary | (Unaudited) |
| GAAP |
| | | Q4'24 | | | Q3'24 | | | Q4'23 | | | QoQ Change | YoY Change |
| Revenue ($k) | $ | 621,665 | | $ | 620,119 | | $ | 454,012 | | | Up 0.2% | Up 36.9% |
| Gross Margin | | 55.4 | % | | 55.4 | % | | 55.3 | % | | Flat | Up 0.1 pts |
| Opex ($k) | $ | 181,101 | | $ | 179,415 | | $ | 141,554 | | | Up 0.9% | Up 27.9% |
| Operating Margin | | 26.3 | % | | 26.5 | % | | 24.1 | % | | Down 0.2 pts | Up 2.2 pts |
| Net income ($k) | $ | 1,449,363 | | $ | 144,430 | | $ | 96,905 | | | Up 903.5% | Up 1395.7% |
| Diluted EPS | $ | 29.88 | | $ | 2.95 | | $ | 1.98 | | | Up 912.9% | Up 1409.1% |
| | Q4'24 | | Q3'24 | | | Q4'23 | | | QoQ Change | YoY Change |
| Revenue ($k) | $ | 621,665 | | $ | 620,119 | | $ | 454,012 | | | Up 0.2% | Up 36.9% |
| Gross Margin | | 55.8 | % | | 55.8 | % | | 55.7 | % | | Flat | Up 0.1 pts |
| Opex ($k) | $ | 126,117 | | $ | 125,169 | | $ | 96,745 | | | Up 0.8% | Up 30.4% |
| Operating Margin | | 35.5 | % | | 35.6 | % | | 34.4 | % | | Down 0.1 pts | Up 1.1 pts |
| Net income ($k) | $ | 198,401 | | $ | 198,786 | | $ | 140,852 | | | Down 0.2% | Up 40.9% |
| Diluted EPS | $ | 4.09 | | $ | 4.06 | | $ | 2.88 | | | Up 0.7% | Up 42.0% |
| | | Revenue | | YoY Change | | % of Total Rev |
| End Market ($M) | | | Q4'24 | | | Q4'23 | | $ | | % | | Q4'24 | | Q4'23 | |
| Enterprise Data | | $ | 194.9 | $ | 128.9 | | $ | 66.0 | 51.2 | % | | 31.3 | % | 28.4 | % |
| Storage & Computing | | | 136.5 | | 117.3 | | | 19.2 | 16.4 | % | | 22.0 | | 25.8 | |
| Automotive | | | 128.4 | | 89.8 | | | 38.6 | 43.0 | % | | 20.6 | | 19.8 | |
| Communications | | | 63.8 |
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