Microchip (MCHP) Slashes Q1 Guidance
Tweet
Share
E-mailGet Alerts MCHP Hot Sheet
Join SI Premium – FREE
Microchip Technology (Nasdaq: MCHP) sees Q1 sales down about 1.5 percent compared to sales during Q4. The company previously guided sales up 1-6% on a quarter-over-quarter basis.
Adj-EPS guidance moves from 58-62c to 53-55c. The Street is looking for Q1 EPS of 60c.
Adj-EPS guidance moves from 58-62c to 53-55c. The Street is looking for Q1 EPS of 60c.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Marvell Technology (MRVL) Tops Q2 EPS by 1c, Offers Guidance
- Lucky Strike Entertainment Corporation (LUCK) reported Q2 Revenue ; Offers Guidance
- HealthEquity (HQY) Tops Q2 EPS by 5c ; Offers Guidance
Create E-mail Alert Related Categories
Guidance, Hot Guidance, Trading HaltsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
