Microchip Technology Narrows Financial Guidance for Fourth Quarter Fiscal 2018
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Source: GlobeNewswire
CHANDLER, Ariz., March 01, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of microcontroller, mixed signal, analog and Flash-IP solutions, today narrowed the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its fiscal fourth quarter of 2018 ending March 31, 2018. Microchip previously provided guidance on February 6, 2018 for consolidated net sales to be up 1% to down 3% with a mid-point of down 1%. Microchip now expects consolidated net sales for the March quarter to be flat to down 2% with a mid-point of down 1%. GAAP earnings per share is now expected to be between $0.73 and $0.79 and non-GAAP earnings per share is expected to be between $1.32 and $1.37 per share. The original guidance for GAAP earnings per share was $0.72 to $0.80 and the original guidance for non-GAAP earning per share was between $1.30 and $1.39 per share. “The March 2018 quarter is tracking towards our original guidance
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MCHP
Earnings
- 5/6/24 - Beat
MCHP
Sec Filings
- 5/6/24 - Form 8-K
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- MCHP's page on the SEC website