Core Insights - Microchip Technology reported revenue of $970.5 million for the quarter ended March 2025, a decrease of 26.8% year-over-year, with EPS at $0.11 compared to $0.57 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $961.07 million by 0.98%, while the EPS also surpassed the consensus estimate of $0.10 by 10% [1] Financial Performance - The company's mixed-signal microcontrollers net sales were $477.20 million, below the estimated $500.65 million, reflecting a year-over-year decline of 31.4% [4] - Net sales for other categories reached $231.70 million, exceeding the average estimate of $210.26 million, but still representing a 23.1% decrease year-over-year [4] - Analog net sales were reported at $261.60 million, slightly above the average estimate of $250.64 million, with a year-over-year decline of 20.5% [4] Stock Performance - Over the past month, shares of Microchip Technology have returned +26.6%, outperforming the Zacks S&P 500 composite's +13.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Microchip Tech (MCHP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates