Microchip (MCHP) Posts Q1 adj.-EPS of $0.55, Tops by 4c; Guides Q2; Increases Quarterly Dividend to $0.34

August 5, 2010 4:28 PM EDT Send to a Friend
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Price: $36.94 -0.38%

Financial Fact:
Income tax provision: -481K

Today's EPS Names:
RAVN, CAMT, HAST, More
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Microchip, Inc. (Nasdaq: MCHP) reports Q1 adjusted EPS of $0.55, 4 cents better than the analyst estimate of $0.51. Revenue for the quarter was $320.8 million, which compares to the estimate of $319.28 million.

Sees Q2 EPS of $0.58, versus the consensus of $0.52.

Sees Q210 sales of $340 - $343 million, verusus $329 million consensus.

Increases Quarterly dividend to $0.34.


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