Microchip Technology (MCHP) Misses Q1 EPS by 2c; Issues Light Q2 Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Microchip Technology (MCHP) Misses Q1 EPS by 2c; Issues Light Q2 Outlook

Susquehanna Cuts Price Target on Microchip Technology (MCHP) Following 1Q EPS Miss

August 4, 2015 6:46 AM EDT

Susquehanna reiterated a Positive rating on Microchip Technology (NASDAQ: MCHP), and cut the price target to $53.00 (from $56.00), following 1Q16 earnings results. MCHP reported revenue of $534 mln, below consensus estimate of $556.86 mln. EPS was reported at $0.69, missing consensus by $0.02. MCHP guided organic revenue (ex. MCRL) to $516 mln with EPS of $0.62 at the midpoint.

Analyst ChrisCaso commented,... More

Microchip Technology (MCHP) Declares $0.3588 Quarterly Dividend; 3.4% Yield

August 3, 2015 4:49 PM EDT

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.3588 per share, or $1.4352 annualized.

The dividend will be payable on September 25, 2015, to stockholders of record on September 11, 2015, with an ex-dividend date of September 9, 2015.

The annual yield on the dividend is 3.4 percent.

For a... More