How did Monolithic Power's revenue and expenses perform in Q4 2024?

**Monolithic Power's Revenue and Expenses Performance in Q4 2024**:

1. **Revenue Performance**:
- Monolithic Power reported a revenue of $620.12 million for Q4 2024.
- This represents a significant year-over-year increase of 30.6% compared to $474.87 million in Q4 2023.
- The company's revenue exceeded the Zacks Consensus Estimate of $600.1 million, indicating a surprise of +3.34%.
2. **Expense Performance**:
- The company's GAAP gross margin was 55.4% for the quarter.
- Non-GAAP gross margin, excluding certain expenses, was 55.8%.
- GAAP operating income was $164.0 million.
- Non-GAAP operating income, which excludes stock-based compensation and related expenses, was $220.8 million.
- GAAP net income was $144.4 million, or $2.95 per diluted share.
- Non-GAAP net income, adjusting for certain expenses, was $198.8 million, or $4.06 per diluted share.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|MPWR|MPWR.O|Monolithic Power|20240101-2024|Lighting Control Products|2.1963E7|185|
|MPWR|MPWR.O|Monolithic Power|20240101-2024|Lighting Control Products|1.7949E7|185|
|MPWR|MPWR.O|Monolithic Power|20240101-2024|Lighting Control Products|4.191E7|185|
|MPWR|MPWR.O|Monolithic Power|20240101-2024|Lighting Control Products|4.191E7|185|
|MPWR|MPWR.O|Monolithic Power|20240101-2024|Direct Current to Direct Current Products|4.15975E8|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MPWR|MPWR.O|Monolithic Power|2024 Q1|-15.720114387716071|9.2541E7|185|
|MPWR|MPWR.O|Monolithic Power|2024 Q2|0.8662968322881492|1.00366E8|185|
|MPWR|MPWR.O|Monolithic Power|2024 Q3|19.203057038865|1.4443E8|185|
|MPWR|MPWR.O|Monolithic Power|2024 Q4|1395.653475052887|1.449363E9|185|

In conclusion, Monolithic Power demonstrated robust revenue growth and maintained strong margins in Q4 2024, reflecting effective business strategy and market positioning.