MCHP jumps 34% on new product launches, but high inventory and weak demand keep its outlook restrained.
Microchip is performing better than management expected when it hosted its investor call on May 8, with higher-than-expected bookings, Chief Executive Steve Sanghi said.
PolarFire Core FPGA and SoC families address price and power budget challenges directly, providing market-leading solutions at a favorable price point.
Steve Sanghi, Microchip Technology CEO, joins CNBC's 'Money Movers' to discuss outlooks on the chips sector, the company's most recent quarter, and more.
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.
CHANDLER, Ariz., May 13, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announces that registration is now open for its MASTERs Conference in North America, the premier technical training event for embedded design engineers.
The company reported a year-over-year decline for the 4th fiscal quarter; however, the decline was less than expected, and sequential growth is expected in fiscal Q1 2025, and the odds are high that guidance is cautious.
MCHP's fourth-quarter fiscal 2025 results suffer from a revenue decline and demand challenges across key markets. However, solid view is driving shares up.
While the top- and bottom-line numbers for Microchip Tech (MCHP) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Microchip Technology Incorporated (NASDAQ:MCHP ) Q4 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Sajid Daudi - Head of Investor Relations Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Richard Simoncic - Chief Operating Officer Conference Call Participants Harsh Kumar - Piper Sandler Chris Caso - Wolfe Research Timothy Arcuri - UBS Blayne Curtis - Jefferies Vivek Arya - Bank of America Securities Tore Svanberg - Stifel Harlan Sur - JP Morgan Joshua Buchalter - TD Cowen William Stein - Truist Securities Vijay Rakesh - Mizuho Securities Quinn Bolton - Needham & Company Christopher Danely - Citigroup Joe Moore - Morgan Stanley Janet Ramkissoon - Quadra Capital Christopher Rolland - Susquehanna Financial Group Craig Ellis - B. Riley Securities Operator Greetings and welcome to the Microchip's Q4 and FY '25 Financial Results Conference Call.
Microchip Technology (MCHP) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.57 per share a year ago.
MCHP's fourth-quarter fiscal 2025 results are likely to reflect the negative impact of a weak demand environment and excessive inventory.