Microchip Technology (MCHP) Tops Q3 EPS by 8c, Q4 EPS Guidance Misses

Microchip Technology (NASDAQ: MCHP) reported Q3 EPS of $1.66, $0.08 better than the analyst estimate of $1.58. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.41 billion.

GUIDANCE:

Microchip Technology sees Q4 2019 EPS of $1.26-$1.53, versus the consensus of $1.57. Microchip Technology sees Q4 2019 revenue of $1.251-1.403 billion, versus the consensus of $1.39 billion.

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

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