These Analysts Slash Their Forecasts On Microchip Technology Following Q2 Results
Microchip Technology Incorporated (NASDAQ:MCHP) reported upbeat earnings for its second quarter on Tuesday. The company posted quarterly earnings of 46 cents per share which beat the analyst consensus estimate of 43 cents per share.
Microchip Technology forecasts quarterly results below estimates on weak automotive demand
Microchip Technology forecast third-quarter revenue and profit below estimates on Tuesday, indicating a sluggish demand from automotive customers amid economic uncertainty, sending its shares down about 4% in extended trading.
Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025
Net sales of $1.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1,
Microchip Tech: Fiscal Q2 Earnings Snapshot
Microchip Technology Inc. (MCHP) on Tuesday reported fiscal second-quarter profit of $78.4 million. The Chandler, Arizona-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs,
Microchip Technology Incorporated (MCHP) Q2 2025 Earnings Call Transcript
Greetings, and welcome to Microchip’s Q2 Fiscal Year 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.
Microchip Technology Inc. Q2 Profit Decreases, But Beats Estimates
Microchip Technology Inc. (MCHP) released earnings for second quarter that decreased from the same period last year but beat the
Microchip Tech (MCHP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Microchip Technology (MCHP) reported $1.16 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 48.4%. EPS of $0.46 for the same period compares to $1.62 a year ago.
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Microchip Technology Reports $21.4 Million Cost From Ransomware Attack
Microchip Technology’s latest financial report reveals the company’s expenses due to the recent cybersecurity incident.
Microchip Technology Raises Dividend; Shares Fall on Downbeat 3Q Guidance
Microchip Technology raised its dividend by 0.1 cents to 45.5 cents per share, but its stock fell after projecting fiscal third-quarter results that missed analyst expectations. The new payout, equal ...
The Analyst Verdict: Microchip Technology In The Eyes Of 4 Experts
In the assessment of 12-month price targets, analysts unveil insights for Microchip Technology, presenting an average target of $90.0, a high estimate of $100.00, and a low estimate of $80.00.
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What You Need to Know Ahead of Microchip Technology's Earnings Release
Microchip Technology Incorporated (MCHP), based in Chandler, Arizona, develops, manufactures, and sells smart, connected, and secure embedded control solutions. With a market cap of $49.7 billion ...
Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral ...
Mystery Surrounds Discovery of TSMC Tech Inside Huawei AI Chips
The apparent use of TSMC circuitry, believed to have first routed through a Chinese chip firm, shows the difficulties for the ...