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Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

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Fri, Feb 10 2017

BRIEF-Microchip announces pricing of $1.8 bln of 1.625% convertible senior subordinated notes

* Microchip technology incorporated announces pricing of $1.8 billion of 1.625% convertible senior subordinated notes and $500 million of 2.250% convertible junior subordinated notes

BRIEF-Microchip Technology Sees Q4 non-GAAP earnings per share $1.01 to $1.11

* Microchip Technology announces outstanding financial results for third quarter fiscal year 2017

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

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