Microchip Technology Inc. (MCHP)
Microchip Technology: MCHP Needs To Show Tangible Improvements (Rating Downgrade)
Downgrade MCHP to hold due to persistent revenue declines, inventory overhang, and deteriorating margins, with no immediate turnaround in sight. 3Q25 results showed a 42% y/y revenue decline, with gross margin compressing to 54.7% and EBIT margin dropping to 15.7%. Inventory levels remain critically high, impacting revenue growth and margins, with distributors still working through existing stock.
Don't Overlook Microchip Tech (MCHP) International Revenue Trends While Assessing the Stock
Review Microchip Tech's (MCHP) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Why Microchip would rather borrow money to pay its high dividend than cut it
Microchip Technology's stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook that disappointed.
Microchip Q3 Earnings & Sales Lag Estimates, Shares Fall on Weak View
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
Microchip Technology Incorporated (MCHP) Q3 2025 Earnings Call Transcript
Microchip Technology Incorporated (NASDAQ:MCHP ) Q3 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich Simoncic - Chief Operating Officer Conference Call Participants Vivek Arya - Bank of America Securities Blayne Curtis - Jefferies Harsh Kumar - Piper Sandler Toshiya Hari - Goldman Sachs Vijay Rakesh - Mizuho Securities Chris Danely - Citi Joe Moore - Morgan Stanley Craig Ellis - B. Riley Securities Chris Caso - Wolfe Research Operator Greetings, and welcome to the Microchip's Q3 Fiscal '25 Financial Results Conference Call.
Here's What Key Metrics Tell Us About Microchip Tech (MCHP) Q3 Earnings
Although the revenue and EPS for Microchip Tech (MCHP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago.
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on clearing excess inventory.
Microchip Gears Up to Report Q3 Earnings: What's in the Offing?
MCHP's third-quarter fiscal 2025 results are likely to reflect the negative impacts of a weak demand environment, excess inventory and macro uncertainty.
Curious about Microchip Tech (MCHP) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Microchip Tech (MCHP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Analysts Estimate Microchip Technology (MCHP) to Report a Decline in Earnings: What to Look Out for
Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MCHP Plummets 36% in a Year: How Should You Approach the Stock?
Microchip Technology struggles with high inventory, declining demand and ongoing macroeconomic challenges.
