Needham Boosts PT on Microchip (MCHP) Following Q3 Results; Executing on All Levels

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Microchip Technology, Inc. (MCHP) Tops Q3 EPS by 4c; Guides Above the Street

February 7, 2013 4:18 PM EST

Microchip Technology, Inc. (NASDAQ: MCHP) reported Q3 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $416 million versus the consensus estimate of $411.47 million.

Microchip Technology, Inc. sees Q4 2013 EPS of $0.45-0.49, versus the consensus of $0.42. Microchip Technology,... More