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Monolithic Power Posts Strong Earnings Growth Despite A Tough Macro Environment

2016-02-09 09:19:48| Semiconductors - Topix.net

Monolithic Power delivered better than expected fourth-quarter results, while the company's product cycles continue to offset macro-related concerns. While U.S. markets closed sharply lower on Friday amid a massive drop in technology stocks, shares of Monolithic Power Systems rose 3% after the power management company reported strong quarterly earnings, beating Street expectations.

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