Edition:
United States

Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

86.75USD
15 Dec 2017
Change (% chg)

$1.28 (+1.50%)
Prev Close
$85.47
Open
$86.23
Day's High
$87.25
Day's Low
$85.37
Volume
1,917,442
Avg. Vol
697,206
52-wk High
$95.87
52-wk Low
$62.22

Latest Key Developments (Source: Significant Developments)

Microchip Technology Reaffirms Financial Guidance For Q3 2018
Tuesday, 28 Nov 2017 04:15pm EST 

Nov 28 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY REAFFIRMS FINANCIAL GUIDANCE FOR THIRD QUARTER FISCAL 2018.REAFFIRMS Q3 2018 GAAP EARNINGS PER SHARE VIEW $0.73 TO $0.81.Q3 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $992.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Microchip Technology posts Q2 earnings per share $1.41
Monday, 6 Nov 2017 04:15pm EST 

Nov 6 (Reuters) - Microchip Technology Inc :Microchip Technology announces record net sales and earnings for second quarter of fiscal year 2018.Q2 non-GAAP earnings per share $1.41 from continuing operations.Q2 GAAP earnings per share $0.77 from continuing operations.Q2 sales $1.012 billion versus I/B/E/S view $1 billion.Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S.Q2 earnings per share $1.41.Microchip Technology Inc sees Q3 GAAP ‍net sales $971.7 million to $1,012.1 million​.Microchip Technology Inc sees Q3 GAAP ‍earnings per diluted share 73 cents to 81 cents​.Microchip Technology Inc sees Q3 non-GAAP ‍earnings per diluted share $1.30 to $1.40​.Q3 earnings per share view $1.30, revenue view $984.5 million -- Thomson Reuters I/B/E/S.  Full Article

Microchip Tech maintains Q2 results outlook
Tuesday, 5 Sep 2017 04:15pm EDT 

Sept 5 (Reuters) - Microchip Technology Inc :Microchip technology reaffirms financial guidance for second quarter fiscal 2018.Reaffirms Q2 2018 GAAP earnings per share view $0.74 to $0.78.Q2 earnings per share view $1.35, revenue view $1.00 billion -- Thomson Reuters I/B/E/S.  Full Article

Microchip Technology says pursuant to terms of credit agreement, co terminated 2018 tranche commitments
Friday, 1 Sep 2017 04:50pm EDT 

Sept 1 (Reuters) - Microchip Technology Inc ::Microchip Technology Inc - effective as of september 1, 2017, pursuant to terms of credit agreement, company terminated 2018 tranche commitments.Microchip Technology Inc says ‍pursuant to supplement, lenders party thereto provided $165.7 million of additional 2020 tranche commitments - sec filing​.Microchip Technology Inc - entered into a master increasing lender supplement, dated as of September 1, 2017.Microchip Technology Inc - ‍additional 2020 tranche commitments results in approximately $2.727 blnof aggregate 2020 tranche commitments​.  Full Article

Microchip Q1 earnings per share $1.31
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Microchip Technology Inc ::Microchip Technology announces record net sales and earnings for first quarter of fiscal year 2018.Q1 non-GAAP earnings per share $1.31 from continuing operations.Q1 GAAP earnings per share $0.70 from continuing operations.Q1 sales $972.1 million versus i/b/e/s view $947.5 million.Q1 earnings per share $1.31.Q1 earnings per share view $1.23 -- Thomson Reuters I/B/E/S.Sees Q2 net sales $1,001.3 million.Sees Q2 GAAP earnings per diluted share 74 to 78 cents.Sees Q2 non-GAAP earnings per diluted share $1.33 to $1.37.Q2 earnings per share view $1.27, revenue view $963.6 million -- Thomson Reuters I/B/E/S.  Full Article

Microchip enters into amendment to amended, restated credit agreement
Thursday, 22 Jun 2017 06:14am EDT 

June 22 (Reuters) - Microchip Technology Inc ::Microchip Technology Inc - on June 21,co entered into amendment No. 3 to amended and restated credit agreement - SEC filing.Microchip Technology Inc - amendment extends time period during which co is permitted to repurchase, redeem, exchange co's 2.125% junior subordinated convertible debentures due 2037.  Full Article

Microchip Technology increases guidance for net sales and EPS for Q1
Monday, 5 Jun 2017 04:24pm EDT 

June 5 (Reuters) - Microchip Technology Inc ::Microchip Technology increases guidance for net sales and EPS for first quarter of fiscal 2018.Q1 2018 ‍GAAP earnings per share are expected to be between 62 cents and 64 cents​.Sees Q1 2018 GAAP earnings per share $0.62 to $0.64.Sees Q1 2018 non-GAAP earnings per share $1.22 to $1.26.‍"Net sales in fiscal Q1 are expected to grow 12.6 pct from our non-GAAP sales of same quarter of a year ago"​.Net sales are expected to be up 18.8 pct for Q1 from GAAP net sales of same quarter of a year ago​.Expect that it could take another year for inventories and lead times to return to more normal levels​.Q1 earnings per share view $1.22, revenue view $944.0 million -- Thomson Reuters I/B/E/S.  Full Article

Microchip Technology raises net sales and EPS forecasts for Q1 2018
Monday, 5 Jun 2017 04:24pm EDT 

June 5 (Reuters) - Microchip Technology Inc ::Microchip Technology increases guidance for net sales and eps for first quarter of fiscal 2018.Sees Q1 2018 gaap earnings per share $0.62 to $0.64.Sees Q1 2018 non-gaap earnings per share $1.22 to $1.26.Microchip Technology Inc - sees 2017 ‍gaap earnings per share are expected to be between 62 cents and 64 cents​.Microchip Technology Inc- ‍"net sales in fiscal q1 of 2018 are expected to grow 12.6 pct from our non-gaap sales of same quarter of a year ago"​.Microchip Technology Inc - ‍net sales are expected to be up 18.8 pct for Q1 from gaap net sales of same quarter of a year ago​.Microchip Technology Inc - ‍expect that it could take another year for inventories and lead times to return to more normal levels​.Q1 earnings per share view $1.22, revenue view $944.0 million -- Thomson Reuters I/B/E/S.  Full Article

Microchip Technology declares quarterly cash dividend of 36.15 cents per share
Tuesday, 9 May 2017 04:15pm EDT 

May 9 (Reuters) - Microchip Technology Inc :Microchip Technology declares quarterly cash dividend of 36.15 cents per share.  Full Article

Microchip Technology Q4 non-GAAP earnings per share $1.16 from continuing operations
Tuesday, 9 May 2017 04:15pm EDT 

May 9 (Reuters) - Microchip Technology Inc :Microchip Technology announces record net sales for fourth quarter and fiscal year 2017.Q4 non-GAAP earnings per share $1.16 from continuing operations.Q4 GAAP earnings per share $0.57 from continuing operations.Q4 sales $902.7 million versus I/B/E/S view $891.2 million.Sees Q1 2018 sales $920.7 million to $965.9 million.Q4 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.Microchip Technology Inc-sees for June 30, 2017 quarter gaap earnings per diluted share 59 to 64 cents.Microchip technology Inc- sees for June 30, 2017 quarter non-GAAP earnings per diluted share $1.17 to $1.27.  Full Article

BRIEF-Microchip Technology Reaffirms Financial Guidance For Q3 2018

* MICROCHIP TECHNOLOGY REAFFIRMS FINANCIAL GUIDANCE FOR THIRD QUARTER FISCAL 2018