Microchip Technology (MCHP) Tops Q3 EPS by 19c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/9/2026
- Hut 8 Mining Corp. (HUT) PT Raised to $55 at KBW As Management Delivers
- Exclusive-SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says
- UK's Ofcom requires tech firms to create crisis response plans
- Salesforce to acquire metering platform M3TER for consumption billing
- Quantum Space to go public via $1.2B SPAC merger
Microchip Technology Announces Outstanding Financial Results for Third Quarter Fiscal Year 2017
February 7, 2017 4:15 PM ESTGAAP net sales of $834.4 million. Microchip was unable to provide GAAP net sales guidance due to its acquisition of Atmel.Record Non-GAAP net sales of $881.2 million, above the high end of our non-GAAP net sales guidance provided on November 29, 2016 of $838.9 million to $865.1 million.On a GAAP basis: gross margins of 55.8%; operating income of $118.1 million; net income from continuing operations of $107.3 million; and EPS from continuing operations of 46 cents per diluted share. There was no First Call published estimate and no guidance provided by Microchip for GAAP EPS.On a... More
