Microchip (MCHP) Tops Q2 EPS by 8c; Guides Above the Street, Raises Dividend

November 4, 2009 4:21 PM EST

Microchip Technology (NASDAQ: MCHP) reports Q2 EPS of $0.29 cents, 8 better than the analyst estimate of $0.21. Revenue for the quarter was $226.7 million, which compares to the estimate of $218.31 million.

Microchip sees Q3 EPS of $0.33-$0.35, versus the consensus $0.24. Sees Q4 revs of $236-$245 million, versus the consensus of $224 million.

Raises quarter dividend to $0.34


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