Microchip Technology (MCHP) Tops Q4 EPS by 2c, Offers Guidance
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Microchip Technology Announces Record Financial Results for Fourth Quarter and Fiscal Year 2023
May 4, 2023 4:15 PM EDTFor the quarter ended March 31, 2023
Record net sales of $2.233 billion, up 2.9% sequentially and up 21.1% from the year ago quarter. The midpoint of our guidance provided on February 2, 2023 was net sales of $2.224 billion.On a GAAP basis: record gross margin of 68.0%; record operating income... More