Microchip Tech (MCHP) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended June 2024, Microchip Technology (MCHP) reported revenue of $1.24 billion, down 45.8$0.53, compared to $1.64 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$1.24 billion, representing a surprise of -0.03%. The company delivered an EPS surprise of +1.92%, with the consensus EPS estimate being $0.52. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...