Microchip Technology (MCHP) Tops Q3 EPS by 1c; Offers Guidance

Microchip Technology (NASDAQ: MCHP) reported Q3 EPS of $1.56, $0.01 better than the analyst estimate of $1.55. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.16 billion.

GUIDANCE:

Microchip Technology sees Q4 2023 EPS of $1.61-$1.63, versus the consensus of $1.58. Microchip Technology sees Q4 2023 revenue of $2.191-2.256 billion, versus the consensus of $2.19 billion.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Middleby board approves spin-off of food processing unit Midera
• Worried the AI trade has gone too far? Evercore likes these 4 stocks