Microchip Technology (MCHP) Tops Q4 EPS by 1c, Beats on Revenue; Offers Q1 Guidance
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Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2025
May 8, 2025 4:15 PM EDTFor the quarter ended March 31, 2025
Net sales of $970.5 million, declined 5.4% sequentially and 26.8% from the year ago quarter. The midpoint of our guidance provided on February 6, 2025 was net sales of $960.0 million.On a GAAP basis: gross profit of 51.6%; operating loss of $100.3 million and 10.3% of net sales; net loss attributable to common stockholders of $156.8 million; and loss of $0.29 per diluted share. Our guidance provided on February 6, 2025 was for GAAP loss per diluted share of $0.24 to $0.14 and did not include the restructuring charges that we announced on March 3, 2025... More