Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2015 and Resolution with the U.S. Internal Revenue Service

 

2015 SECOND QUARTER OUTLOOK

RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN

(Unaudited)


Three Months Ending


June 30, 2015


Low


High

Gross margin

53.7%


54.7%

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

54.5%


55.5%





RECONCILIATION OF R&D AND SG&A EXPENSES TO NON-GAAP R&D AND SG&A EXPENSES

(Unaudited, in thousands)






Three Months Ending


June 30, 2015


Low


High

R&D and SG&A expenses

$       32,600


$         34,600

Adjustments to reconcile R&D and SG&A expenses to non-GAAP R&D and SG&A expenses:




    Stock-based compensation expense

(8,300)


(9,300)

Non-GAAP R&D and SG&A expenses

$       24,300


$         25,300





 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/monolithic-power-systems-announces-results-for-the-first-quarter-ended-march-31-2015-and-resolution-with-the-us-internal-revenue-service-300070481.html

SOURCE Monolithic Power Systems

Contact:
Monolithic Power Systems
Meera Rao, Chief Financial Officer, Monolithic Power Systems, Inc., 408-826-0777
Email Contact



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