Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $1.64, in-line with the analyst estimate of $1.64. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.29 billion.

GUIDANCE:

Microchip Technology sees Q2 2024 EPS of $1.60-$1.64, versus the consensus of $1.63. Microchip Technology sees Q2 2024 revenue of $2.22-2.312 billion, versus the consensus of $2.28 billion.

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