United States

Microchip Technology Inc (MCHP.O)

MCHP.O on Nasdaq

20 Jan 2017
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Tue, Nov 29 2016

BRIEF-Microchip Technology sees Q3 non-GAAP EPS to be between 87-94 cents/shr

* Increases guidance for non-GAAP net sales and non-GAAP EPS for third quarter of fiscal 2017

BRIEF-Microchip Technology Q2 non-gaap earnings per share $0.07

* Unable to provide gaap net sales guidance due to acquisition of atmel

BRIEF-Microchip Technology to sell mobile touch assets to Solomon Systech

* Microchip Technology announces sale of mobile touch assets to Solomon Systech Limited

BRIEF-Microchip updates guidance for non-GAAP net sales and EPS for Q2 of fiscal 2017

* 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

U.S. RESEARCH ROUNDUP-Microchip Technology, Gap, Hornbeck Offshore

Aug 9 Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Bojangles and WebMD Health, on Tuesday. HIGHLIGHTS * Gap Inc : Deutsche Bank, SunTrust Robinson raise target price on the stock * Hornbeck Offshore : Barclays cuts target price to $8 from $10; equal weight * Bojangles Inc : Jefferies, Piper Jaffray cut target price on stock * Microchip Technology Inc : Credit Su

BRIEF-Microchip Technology reports Q1 non-GAAP EPS $0.095

* Microchip technology announces record financial results for first quarter fiscal year 2017

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