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Microchip Technology Inc Issues Q4 2013 Revenue Guidance Above Analysts' Estimates
Microchip Technology Inc announced that for fourth quarter of 2013, it expects total net sales to be up between 1%-4% sequentially. The Company reported revenue of $416 million in third quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $418 million for fourth quarter of 2013.
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