Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Monolithic Power Systems, Inc / Equity Bottom-Up

<ul><li>Monolithic Power Systems (MPS) enters 2024 with a cautiously optimistic outlook, following a record revenue of $1.82 billion for the full year of 2023, marking its 12th consecutive year of revenue growth.</li><li>The highlights of MPS' performance in 2023 were the consistent execution, continuous innovation, and robust customer focus.</li><li>However, the visibility beyond the current quarter remains limited due to uncertain customer ordering patterns reflecting overall economic uncertainty.</li></ul>

Monolithic Power Systems (MPS) enters 2024 with a cautiously optimistic outlook, following a record revenue of $1.82 billion for the full year of 2023, marking its 12th consecutive year of revenue growth.The highlights of MPS' performance in 2023 were the consistent execution, continuous innovation, and robust customer focus.However, the visibility beyond the current quarter remains limited due to uncertain customer ordering patterns reflecting overall economic uncertainty.

Monolithic Power Systems: Increasing Power Requirements for Newly Introduced AI Products Changing The Game! - Major Drivers

<ul><li>Monolithic Power Systems delivered an all-around beat in the previous quarter, achieving third-quarter revenue of $474.9 million, signifying a 7.6% increase from the previous quarter of 2023.</li><li>Within the enterprise data market, MPS reported a noteworthy increase in third-quarter revenue, reaching $98.9 million, a remarkable 106.2% surge from the second quarter of 2023.</li><li>Consumer revenue in the third quarter decreased to $62.4 million primarily due to TV and home appliance sales declines.</li></ul>

Monolithic Power Systems delivered an all-around beat in the previous quarter, achieving third-quarter revenue of $474.9 million, signifying a 7.6% increase from the previous quarter of 2023.Within the enterprise data market, MPS reported a noteworthy increase in third-quarter revenue, reaching $98.9 million, a remarkable 106.2% surge from the second quarter of 2023.Consumer revenue in the third quarter decreased to $62.4 million primarily due to TV and home appliance sales declines.

Monolithic Power Systems Inc.: The Future Looks Bright - Inside Their Growth Strategy! - Major Drivers

Equity Long-Short, Semiconductors, Fabricated Knowledge

Douglas O'Laughlin

Equity Long-Short, Semiconductors

Fabricated Knowledge

Learn more about the world's most important manufactured product. Meaningful insight, timely analysis, and an occasional investment idea.

Event-Driven

<ul>
<li>Last week the best show in semiconductors was the Maxlinear and SIMO merger news. I will catalog the entire saga and outline my thoughts on where things go.</li>
<li>Before we talk about SIMO, let’s talk about Maxlinear’s acquisitions. MaxLinear acquired an asset in April 2020 that was almost the perfect fit.</li>
<li>As Intel shed assets, <a href="https://link.sbstck.com/redirect/db2d9597-2061-468b-ba34-a12146ed7e62?j=eyJ1IjoiMmh6Z2Z6In0.muIDtmM5oyqUKBSSZiLNsipOMwhSsKSSacAB3JlN14Y" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://link.sbstck.com/redirect/db2d9597-2061-468b-ba34-a12146ed7e62?j%3DeyJ1IjoiMmh6Z2Z6In0.muIDtmM5oyqUKBSSZiLNsipOMwhSsKSSacAB3JlN14Y&amp;source=gmail&amp;ust=1691025954853000&amp;usg=AOvVaw1XwVvbW4r4yPuTojiMtbQH" rel="noopener">they sold their home gateway platform</a>, which makes the semiconductors that go in-home modems and routers.</li>
</ul>


Last week the best show in semiconductors was the Maxlinear and SIMO merger news. I will catalog the entire saga and outline my thoughts on where things go.
Before we talk about SIMO, let’s talk about Maxlinear’s acquisitions. MaxLinear acquired an asset in April 2020 that was almost the perfect fit.
As Intel shed assets, they sold their home gateway platform, which makes the semiconductors that go in-home modems and routers.


Maxlinear and Silicon Motion, Vicor and Monolithic Power and New Product Launches

<ul><li>Monolithic Power Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street.</li><li>Storage and computing revenue increased in the quarter.</li><li>Industrial revenue for the second quarter of 2023 also increased due to higher equipment sales for power sources and industrial meter applications.</li></ul>

Monolithic Power Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street.Storage and computing revenue increased in the quarter.Industrial revenue for the second quarter of 2023 also increased due to higher equipment sales for power sources and industrial meter applications.

Monolithic Power Systems Inc.: An Exciting Leap into EV & AI Domains! - Major Drivers

<ul><li>This is our first report on Monolithic Power Systems, one of the largest semiconductor-based equipment companies.</li><li>Revenue from communications also increased due to a slight increase in revenue from the 5G infrastructure.</li><li>We initiate coverage on the stock of Monolithic Power Systems, Inc. with a 'Hold' rating.</li></ul>

This is our first report on Monolithic Power Systems, one of the largest semiconductor-based equipment companies.Revenue from communications also increased due to a slight increase in revenue from the 5G infrastructure.We initiate coverage on the stock of Monolithic Power Systems, Inc. with a 'Hold' rating.

Monolithic Power Systems Inc.: Initiation of Coverage – Product Portfolio

United States

Monolithic Power Systems Inc specializes in high-performance, integrated power solutions. The Company provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications.

Monolithic Power Systems, Inc (MPWR US)

Monolithic Power Systems: Increasing Power Requirements for Newly Introduced AI Products Changing The Game! - Major Drivers

Monolithic Power Systems (MPS) enters 2024 with a cautiously optimistic outlook, following a record revenue of $1.82 billion for the full year of...

Baptista Research

Monolithic Power Systems Inc.: The Future Looks Bright - Inside Their Growth Strategy! - Major Drivers

Monolithic Power Systems delivered an all-around beat in the previous quarter, achieving third-quarter revenue of $474.9 million, signifying a...

Baptista Research

Maxlinear and Silicon Motion, Vicor and Monolithic Power and New Product Launches

Maxlinear has a legal battle on it's hands, and what's the new product Vicor is talking about? Last week the best show in semiconductors was the...

Fabricated Knowledge

Monolithic Power Systems Inc.: An Exciting Leap into EV & AI Domains! - Major Drivers

Monolithic Power Systems managed to exceed the revenue expectations as well as the earnings expectations of Wall Street. Storage and computing...

Baptista Research

Monolithic Power Systems Inc.: Initiation of Coverage – Product Portfolio

This is our first report on Monolithic Power Systems, one of the largest semiconductor-based equipment companies. Revenue from communications also...

Baptista Research