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  "documentTitle": "Monolithic Power Systems (MPWR)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2019-10-09 00:00:00",
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      "kind": "callout",
      "text": "Analyst Models Project Auto Growth Accelerating To 43% And Storage / Computing Growth Accelerating",
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      "text": "In Mid September, SMTC Warned of Softness In China Related To Semiconductor and Data Center Expansion",
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      "text": "With electronic manufacturing services (EMS) companies like SMTC Corp (Nasdaq: SMTX) reporting softness in mid September in China semiconductors and data center expansions, the likelihood of MPWR meeting its financial targets are decreasing.",
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      "text": "Outlook: SMTC expects to record, related to the closure of its China manufacturing operations... In addition to the China closure, we are seeing softness in certain end-markets across semiconductor and data center expansions.",
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      "text": "With electronic manufacturing services (EMS) companies like SMTC Corp (Nasdaq: SMTX) reporting softness in mid September in China semiconductors and data center expansions, the likelihood of MPWR meeting its financial targets are decreasing.",
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      "text": "In addition to the China closure, we are seeing softness in certain end-markets across semiconductor and data center expansions. Accordingly, we are updating full year 2019 revenue to range between $354 and $362 million, which excludes $16 million of revenues in 2019 attributable to SMTC’s operations in China, and Adjusted EBITDA to $25.0 and $26.0 million,” said Smith. — SMTC",
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      "text": "Source: Cowen model",
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      "text": "Source: SMTC",
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      "text": "Monolithic Power Systems - MPWR Consolidated Income Statement",
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      "text": "Priced for Perfection: Analysts Are Modeling Unrealistic Outcomes",
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