MCHP News and Press, Microchip Technology Incorporated From 11/16/22

Summary Coho Partners' September was a repeat of August but worse, as an early-month rally was erased by continued inflationary concerns. Investor anxiety throughout 2022 has favored our strategy as investors have gravitated to the more demand defensive sectors. We strongly be...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. F...

CHANDLER, Ariz., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Developers of industrial automation systems are looking to shift away from the reliance on proprietary solutions for process synchronization to standard-based solutions that offer broader compatibility and reduce design costs. To deliver cr...

Summary Lattice delivered another beat-and-raise quarter, underpinned by strong growth in its core Auto & Industrial business and margin expansion better than many far larger rivals. The broader semiconductor sector is going to see weaker demand in 2023, but Lattice's growing ...

Summary SiTime heavily relies on top-line strength to keep its margins, so more customers equals more revenue. SiTime was able to acquire more design wins, was able to position itself for single sourcing, and its expansion in the IoT automotive market is a huge win. The compan...

Summary Microchip Technology's fiscal second quarter results were similar to many peers with strong year-over-year revenue growth and margins, but guidance for sequential growth stood out. Microchip's MCU business seems to be performing well, and the company remains capacity-const...

Microchip ( NASDAQ: MCHP ) shares edging higher after FQ2 earnings smashed the consensus mark on Thursday, with revenue growth of ~26% Y/Y and net income growth of ~39% Y/Y. Adjusted gross margin rate was 67.7% vs. 65.3% year ago. Adjusted operating marg...

Call Start: 17:00 Call End: 18:12 Microchip Technology Inc. (MCHP) Q2 2023 Earnings Conference Call November 3, 2022 17:00 ET Company Participants Ganesh Moorthy - President & Chief Executive Officer James Eric Bjornholt - Senior Vice President & Chie...

Microchip Technology press release ( NASDAQ: MCHP ): Q2 Non-GAAP EPS of $1.46 beats by $0.02 . Revenue of $2.07B (+25.5% Y/Y) beats by $10M . Q3 outlook: Net sales of $2.135B-$2.177B vs $2.08B consensus Non-GAAP EPS of $1.54-$1.56 vs. $1.45 consensus ...

Record net sales of $2.073 billion , up 5.6% sequentially and up 25.7% from the year ago quarter. The midpoint of our guidance provided on August 2, 2022 was net sales of $ 2.062 billion. On a GAAP basis: record gross margin of ...