Microchip Technology Q3 Adj. EPS $1.32 Beats $1.26 Estimate, Sales $1.287B Beat $1.28B Estimate

Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.26 by 4.76 percent. This is a 20.48 percent decrease over earnings of $1.66 per share from

Benzinga · 02/04/2020 21:14

Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.32 per share which beat the analyst consensus estimate of $1.26 by 4.76 percent. This is a 20.48 percent decrease over earnings of $1.66 per share from the same period last year. The company reported quarterly sales of $1.287 billion which beat the analyst consensus estimate of $1.28 billion by 0.55 percent. This is a 9.11 percent decrease over sales of $1.416 billion the same period last year.