Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $1.98, $0.07 better than the analyst estimate of $1.91. Revenue for the quarter came in at $1.57 million versus the consensus estimate of $1.55 million.

GUIDANCE:

Microchip Technology sees Q2 2022 EPS of $2.05-$2.17, versus the consensus of $1.99. Microchip Technology sees Q2 2022 revenue of $1.616-1.679 billion, versus the consensus of $1.59 billion.

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