Microchip Technology(MCHP)
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Microchip Technology(MCHP) - 2025 Q2 - Earnings Call Presentation
2024-11-05 23:59
Investor Presentation Fiscal Second Quarter 2025 A Leading Provider of Smart, Connected and Secure Embedded Solutions SAFE HARBOR Forward Looking Statement Safe Harbor: During the course of this presentation, we will make projections or other forward-looking statements regarding the future financial performance of the company (including our guidance) or future events, including our strategy, growth drivers, industry trends, end markets, our long-term profitability and financial model, our business model, PI ...
Microchip Technology (MCHP) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-11-05 23:40
Microchip Technology (MCHP) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.98%. A quarter ago, it was expected that this chipmaker would post earnings of $0.52 per share when it actually produced earnings of $0.53, delivering a surprise of 1.92%.Over the last four quarters, the com ...
Microchip Technology(MCHP) - 2025 Q2 - Quarterly Report
2024-11-05 21:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.001 par value MCHP NASDAQ Stock Market LLC (Nasdaq Global Select Market) Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transit ...
Microchip Technology(MCHP) - 2025 Q2 - Quarterly Results
2024-11-05 21:17
EXHIBIT 99.1 NEWS RELEASE INVESTOR RELATIONS CONTACT: Sajid Daudi -- Head of Investor Relations..... (480) 792-7385 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, 2024 was net sales of $1.150 billion. • Revenue, gross profit and non-GAAP gross profit were positively impacted by a $13.3 million legal settlement. This settle ...
Microchip Technology Increases Quarterly Cash Dividend 3.6% Year-Over-Year to 45.5 Cents Per Share
GlobeNewswire News Room· 2024-11-05 21:15
CHANDLER, Ariz., Nov. 05, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – 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 45.5 cents per share. The dividend is payable on December 6, 2024, to stockholders of record on November 22, 2024. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased i ...
Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025
GlobeNewswire News Room· 2024-11-05 21:15
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, 2024 was net sales of $1.150 billion.Revenue, gross profit and non-GAAP gross profit were positively impacted by a $13.3 million legal settlement. This settlement also positively impacted GAAP and non-GAAP EPS by $0.02 per diluted share.On a GAAP basis: gross profit of 57.4%; operating income of $146.6 million and 12.6% of net sales; net income of $78.4 million; an ...
Should You Buy, Sell, or Hold MCHP Stock Before Q2 Earnings Release?
ZACKS· 2024-11-01 19:06
Microchip Technology (MCHP) is set to release its second-quarter fiscal 2025 results on Nov. 5.Microchip expects net sales of $1.12-$1.18 billion for the second quarter of fiscal 2025. Non-GAAP earnings are anticipated between 40 cents and 46 cents per share.The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at 43 cents per share, unchanged over the past 60 days, suggesting a 73.46% year-over-year decline.The consensus estimate for revenues is pegged at $1.15 billion, indicating a yea ...
Stay Ahead of the Game With Microchip Tech (MCHP) Q2 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-10-31 14:20
Wall Street analysts expect Microchip Technology (MCHP) to post quarterly earnings of $0.43 per share in its upcoming report, which indicates a year-over-year decline of 73.5%. Revenues are expected to be $1.15 billion, down 48.9% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vita ...
Microchip's RTG4™ FPGAs with Lead-Free Flip-Chip Bumps Achieve Highest Space Qualification
GlobeNewswire News Room· 2024-10-17 12:01
CHANDLER, Ariz., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Satisfying mission assurance requirements for the most critical space programs, Microchip Technology's (Nasdaq: MCHP) Radiation-Tolerant (RT) RTG4™ Field- Programmable Gate Arrays (FPGAs) with lead-free flip-chip bumps have earned the Qualified Manufacturers List (QML) Class V status. As designated by the Defense Logistics Agency (DLA), QML Class V is the highest level of qualification for space components and a necessary step to satisfy mission assurance r ...
Retired CEO and Chair of the Board of Directors of Microchip Technology Steve Sanghi Releases New Book: “Ask Steve: Everyday business advice from a successful CEO”
GlobeNewswire News Room· 2024-10-16 18:12
PARADISE VALLEY, Ariz., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Steve Sanghi, retired CEO and chair of the board of directors of Microchip Technology, today announces the release of his third book, "Ask Steve: Everyday business advice from a successful CEO." Sanghi offers practical and real-world business advice based on his highly regarded leadership style and overall business acumen. Building on the success of his previous books, "Ask Steve: Everyday business advice from a successful CEO," is an extension of th ...