Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2016
|
2016 THIRD QUARTER OUTLOOK | |
|
RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN | |
| (Unaudited) | |
| |
Three Months Ending | |
| |
September 30, 2016 | |
| |
Low | |
High | |
| Gross margin | | 54.0 | % | | | 55.0 | % | |
| Adjustments to reconcile gross margin to non-GAAP gross margin: | | | | |
| Stock-based compensation expense | | 0.3 | % | | | 0.3 | % | |
| Amortization of acquisition-related intangible assets | | 0.5 | % | | | 0.5 | % | |
| Non-GAAP gross margin | | 54.8 | % | | | 55.8 | % | |
| | | | | |
|
RECONCILIATION OF R&D AND SG&A EXPENSES TO NON-GAAP R&D AND SG&A EXPENSES | |
| (Unaudited, in thousands) | |
| |
Three Months Ending | |
| |
September 30, 2016 | |
| |
Low | |
High | |
| R&D and SG&A expense | $ | 38,600 | | | $ | 42,600 | | |
| Adjustments to reconcile R&D and SG&A expense to non-GAAP R&D and SG&A expense: | | | | |
| Stock-based compensation expense | | (10,300 | ) | | | (12,300 | ) | |
| Non-GAAP R&D and SG&A expense | $ | 28,300 | | | $ | 30,300 | | |
| | | | | |
Contact:
Bernie Blegen
Chief Financial Officer
Monolithic Power Systems, Inc.
408-826-0777
investors@monolithicpower.com
