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$0.46 for the same period compares to $1.62 a year ago.The reported revenue represents a surprise of +1.09$1.15 billion. With the consensus EPS estimate being $0.43, the EPS surprise was +6.98%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...