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Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

84.15USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Microchip Technology Reaffirms Financial Guidance For Q3 2018
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY REAFFIRMS FINANCIAL GUIDANCE FOR THIRD QUARTER FISCAL 2018.REAFFIRMS Q3 2018 GAAP EARNINGS PER SHARE VIEW $0.73 TO $0.81.Q3 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $992.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Microchip Technology posts Q2 earnings per share $1.41
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Microchip Technology Inc :Microchip Technology announces record net sales and earnings for second quarter of fiscal year 2018.Q2 non-GAAP earnings per share $1.41 from continuing operations.Q2 GAAP earnings per share $0.77 from continuing operations.Q2 sales $1.012 billion versus I/B/E/S view $1 billion.Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S.Q2 earnings per share $1.41.Microchip Technology Inc sees Q3 GAAP ‍net sales $971.7 million to $1,012.1 million​.Microchip Technology Inc sees Q3 GAAP ‍earnings per diluted share 73 cents to 81 cents​.Microchip Technology Inc sees Q3 non-GAAP ‍earnings per diluted share $1.30 to $1.40​.Q3 earnings per share view $1.30, revenue view $984.5 million -- Thomson Reuters I/B/E/S.  Full Article

Mie Fujitsu, Microchip's unit to develop automotive platform on 40 nm technology
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Microchip Technology Inc ::Mmie Fujitsu Semiconductor, Co's unit plan to develop automotive platform on 40 nm technology using superflashmemory technology​.  Full Article

Microchip updates guidance for non-GAAP net sales and EPS for Q2 of fiscal 2017
Wednesday, 7 Sep 2016 

Microchip Technology : Sees Q2 non-GAAP net sales up 1 percent to 3 percent with mid-point unchanged at 2 percent and non-GAAP EPS 85 cents to 89 cents per share . Q2 earnings per share view $0.86, revenue view $861.0 million -- Thomson Reuters I/B/E/S . Previously provided guidance for Q2 consolidated non-GAAP net sales to be flat to up 4 percent with a mid-point of up 2 percent . Original Q2 guidance for non-GAAP earning per share was between 83 cents and 91 cents per share . Due to Microchip's recent acquisition of Atmel and related purchase accounting, Microchip is not able to provide GAAP guidance at this time. .Micrel's 6-inch fab in San Jose is on schedule to close in October 2016.  Full Article

Microchip Technology reports Q1 non-GAAP EPS $0.095
Tuesday, 9 Aug 2016 

Microchip Technology Inc : Microchip technology announces record financial results for first quarter fiscal year 2017 . Q1 GAAP loss per share $0.51 from continuing operations . Q1 non-GAAP earnings per share $0.095 . Q1 non-GAAP earnings per share $0.84 from continuing operations . Q1 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Says increasing accretion target from Atmel from 25 cents to 40 cents for fiscal 2017 . Says expects total net sales in September 2016 quarter including Atmel to be flat to up 4 pct sequentially . Says expects gross margin in September 2016 quarter to be between 55.6 pct and 56.2 pct . Expects operating income from continuing operations in September 2016 quarter to be between 27.7 pct and 29 pct of net sales .Q2 earnings per share view $0.80, revenue view $836.7 million -- Thomson Reuters I/B/E/S.  Full Article

Microchip Technology says CEO Steve Sanghi's fy 2016 total compensation $10.8 mln
Monday, 11 Jul 2016 

Microchip Technology Inc : Microchip Technology Inc Says Ceo Steve Sanghi's Fy 2016 Total Compensation $10.8 Mln Vs $5.5 Mln In Fy 2015 - Sec filing .Microchip technology inc says president and coo ganesh moorthy's fy 2016 total compensation $4.2 million versus $2.0 million in fy 2015.  Full Article

BRIEF-Microchip Technology Announces Q3 GAAP Loss Per Share $1.07 From Continuing Operations

* MICROCHIP TECHNOLOGY ANNOUNCES NET SALES AND RESULTS FOR THIRD QUARTER OF FISCAL YEAR 2018