Monolithic Power Systems Announces Results for the Second Quarter Ended June 30, 2017
|
2017 THIRD QUARTER OUTLOOK | |
|
RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN | |
| (Unaudited) | |
| |
Three Months Ending
| |
| |
September 30, 2017 | |
| |
Low | |
High | |
| Gross margin | | 54.4 | % | | | 55.4 | % | |
| Adjustments to reconcile gross margin to non-GAAP gross margin: | | | | |
| Stock-based compensation expense | | 0.4 | % | | | 0.4 | % | |
| Amortization of acquisition-related intangible assets | | 0.4 | % | | | 0.4 | % | |
| Non-GAAP gross margin | | 55.2 | % | | | 56.2 | % | |
| | | | | |
|
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, 2017 | |
| |
Low | |
High | |
| R&D and SG&A expense | $ | 43,800 | | | $ | 47,800 | | |
| Adjustments to reconcile R&D and SG&A expense to non-GAAP R&D and SG&A expense: | | | | |
| Stock-based compensation expense | | (12,600 | ) | | | (14,600 | ) | |
| Non-GAAP R&D and SG&A expense | $ | 31,200 | | | $ | 33,200 | | |
| | | | | |
Contact:
Bernie Blegen
Chief Financial Officer
Monolithic Power Systems, Inc.
408-826-0777
investors@monolithicpower.com
