Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue Estimates
Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion. Next quarter’s revenue guidance of $960 million underwhelmed, coming in 9.2% below analysts’ estimates.
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
Microchip Technology Inc. Q3 Earnings Summary
Below are the earnings highlights for Microchip Technology Inc. (MCHP): Earnings: -$53.6 million in Q3 vs. $419.2 million in the
5MCHP : Earnings Breakdown: Microchip Technology Q3
Microchip Technology MCHP reported its Q3 earnings results on Thursday, February 6, 2025 at 04:15 PM. Here's what investors need to know about the announcement.
Microchip Tech: Fiscal Q3 Earnings Snapshot
For the current quarter ending in March, Microchip Tech expects its per-share earnings to range from 5 cents to 15 cents. The company said it expects revenue in the range of $920 million to $1 billion for the fiscal fourth quarter.
Microchip Technology reports fiscal Q3 results
CHANDLER, AZ - Microchip Technology Incorporated (NASDAQ:MCHP), currently trading at $53.11 with a market capitalization of $28.5 billion, disclosed its financial outcomes for the third quarter of the fiscal year 2025 today,
Microchip Technology Shares Fall After Worse-Than-Expected Q3 Report
Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025
Net sales of $1.026 billion, down 11.8% sequentially and down41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 ...
Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
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Microchip Technology (MCHP) Could be the Under-the-Radar AI Play About to Pop
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD ). However, it’s more than fair to say that Microchip plays an ...
Microchip price target lowered to $58 from $71 at Morgan Stanley
Morgan Stanley analyst Joseph Moore lowered the firm’s price target on Microchip (MCHP) to $58 from $71 and keeps an Equal Weight rating on the ...
Skyworks falls as it forecasts revenue decline for mobile segment in second quarter
Apple supplier Skyworks Solutions forecast declines in revenue in its mobile segment and projected profits below Wall Street ...