Microchip Technology (MCHP) stock slips after FQ3 revenue miss

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Microchip Technology (MCHP) Tops Q3 EPS by 3c

February 1, 2024 4:12 PM EST

Microchip Technology (NASDAQ: MCHP) reported Q3 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.78 billion.

For earnings history and earnings-related data on Microchip Technology (MCHP) click here.

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Microchip Technology (MCHP) Declares $0.45 Quarterly Dividend; 2.1% Yield

February 1, 2024 4:10 PM EST

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on March 8, 2024, to stockholders of record on February 23, 2024, with an ex-dividend date of February 22, 2024.

The annual yield on the dividend is 2.1 percent.

For a... More