Microchip Technology (MCHP) Tops Q2 EPS by 6c, Beats on Revenues; Offers 3Q18 EPS/Revenue Mid-Point Guidance Above Consensus

Microchip Technology (NASDAQ: MCHP) reported Q2 EPS of $1.41, $0.06 better than the analyst estimate of $1.35. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.

GUIDANCE:

Microchip Technology sees Q3 2018 EPS of $1.30-$1.40, versus the consensus of $1.30. Microchip Technology sees Q3 2018 revenue of $971.7-1012.1 million, versus the consensus of $984.49 million.

For earnings history and earnings-related data on Microchip Technology (MCHP) click here.

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