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.

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,

For the current quarter ending in December, Microchip Tech expects its per-share earnings to range from 25 cents to 35 cents. The company said it expects revenue in the range of $1.02 billion to $1.1 billion for the fiscal third quarter.

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 ( (MCHP) ) has released its Q2 earnings. Here is a breakdown of the information Microchip Technology presented to its

Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.