Microchip Technology (MCHP) Tops Q3 EPS by 4c, Offers Q4 Guidance
Microchip Technology (NASDAQ: MCHP) reported Q3 EPS of $1.62, $0.04 better than the analyst estimate of $1.58. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.36 billion.
GUIDANCE:
Microchip Technology sees Q4 2021 EPS of $1.67-$1.79, versus the consensus of $1.65. Microchip Technology sees Q4 2021 revenue of $1.42-1.49 billion, versus the consensus of $1.39 billion.
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