Key Developments: Microchip Technology Inc (MCHP.O)
36.32USD
24 May 2013
$-0.02 (-0.05%)
$36.34
$36.17
$36.38
$35.81
1,446,421
1,997,134
$37.97
$28.92
Latest Key Developments (Source: Significant Developments)
Microchip Technology Inc Comments On Q1 2014 Revenue Guidance-Conference Call
Microchip Technology Inc announced that for first quarter of 2014, it expects revenue to grow at a midpoint of about 4%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $447.7 million for first quarter of 2014. Full Article
Microchip Technology Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates
Microchip Technology Inc announced that for first quarter of 2014, it expects total net sales to be $438.7 to $456 million, GAAP net income to be $64.2 to $71.5 million and Non GAAP to be $104.6 to $114.2, GAAP EPS to be $0.30-$0.34 and non GAAP to be $0.50-$0.54. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $449.8 million, net income of $105.7 million and EPS of $0.50 for first quarter of 2014. Full Article
Microchip Technology Inc Declares Quarterly Cash Dividend of 35.35 Cents Per Share
Microchip Technology Inc announced that Board of Directors has declared a quarterly cash dividend on its common stock of 35.35 cents per share. The dividend is payable on June 4, 2013 to stockholders of record on May 21, 2013. Full Article
Microchip Technology Inc Declares Quarterly Cash Dividend of $0.353 Per Share
Microchip Technology Inc announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 35.3 cents per share. The dividend is payable on March 7, 2013 to stockholders of record on February 21, 2013. Full Article
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. Full Article
Microchip Technology Inc Issues Q3 2013 Guidance Below Analysts' Estimates
Microchip Technology Inc announced that for the third quarter of 2013, it expects total net sales including SMSC to be in the range of $396-$426 million, GAAP net income in the range of $0.1-$4.4 million, non-GAAP net income in the range of $75.7-$85.3 million, GAAP EPS in the range of $0.00- $0.02 and non-GAAP EPS in the range of $0.37-$0.41. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $429 million, net income of $102.5 million and EPS of $0.45 for the third quarter of 2013. Full Article
Microchip Technology Inc Declares Quarterly Cash Dividend of 35.2 Cents Per Share
Microchip Technology Inc announced that Board of Directors has declared a quarterly cash dividend on its common stock of 35.2 cents per share. The dividend is payable on December 6, 2012 to stockholders of record on November 21, 2012. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. Full Article
Microchip Technology Inc Lowers Q2 2013 Revenue Guidance
Microchip Technology Inc announced that it expects its net sales for its second quarter of fiscal 2013, to be about $407 to $408 million on a non-GAAP basis. On August 2, 2012, Microchip provided guidance of net sales to be approximately $412 to $430 million on a non-GAAP basis. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $420.31 million for the second quarter of 2013. Full Article
Microchip Technology Inc Declares Quarterly Cash Dividend
Microchip Technology Inc announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.351 per share. The quarterly dividend is payable on September 5, 2012 to stockholders of record on August 22, 2012. Full Article
Microchip Technology Inc Issues Q2 2013 Mixed Guidance
Microchip Technology, Inc. announced that for the second quarter of 2013 it expects net sales of $412-$430 million and earnings per share (EPS) between $0.50-$0.52 and net income of $101.7-$105.7 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $371 million, EPS of $0.51 and net income of $106 million for second quarter of 2013. Full Article
Microchip Tech forecasts current quarter above estimates
- Chipmaker Microchip Technology Inc forecast a larger-than-expected profit and revenue for the current quarter after reporting third-quarter results that beat Wall Street expectations on higher sales of its microcontroller chips.
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