Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2020

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Microchip Technology (MCHP) Tops Q1 EPS by 4c, Q2 Guidance Misses

August 6, 2019 4:15 PM EDT

Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $1.41, $0.04 better than the analyst estimate of $1.37. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.33 billion.

GUIDANCE:

Microchip Technology sees Q2 2020 EPS of $1.37-$1.49, versus the consensus of $1.51.... More