Microchip Technology (MCHP) Q4 Earnings and Revenues Beat Estimates

Microchip Technology (MCHP) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of$ 0.10 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this chipmaker would post earnings of$ 0.28 per share when it actually produced earnings of $0.20, delivering a surprise of -28.57%.Over the last four quarters, the com ...