Semiconductor company Microchip Technology Inc. (NASDAQ: MCHP) has announced financial results for the third quarter of 2025, reporting a decline in sales and adjusted earnings.
- At $1.03 billion, third-quarter net sales were down 42% from the year-ago quarter
- The tech firm reported a net loss of $53.6 million or $0.10 per share for the December quarter, compared to a profit of $419.2 million or $0.77 per share in the prior-year quarter
- On an adjusted basis, the company reported earnings of $0.20 per share for Q3, vs. $1.08 per share a year earlier
- During the quarter, Microchip returned around $244.6 million to stockholders in the form of dividends
- For the fourth quarter, the management expects net sales to be in the range of $920 million to $1.0 billion
- On an adjusted basis, fourth-quarter profit is expected to be between $0.05 per share and $0.15 per share
- On an unadjusted basis, Microchip is expected to incur a loss of $0.24 -$0.14 per share in the March quarter
The post Earnings Summary: Microchip Technology (MCHP) reports lower Q3 sales and profit first appeared on AlphaStreet.
Semiconductor company Microchip Technology Inc. (NASDAQ: MCHP) has announced financial results for the third quarter of 2025, reporting a decline in sales and adjusted earnings. At $1.03 billion, third-quarter net
The post Earnings Summary: Microchip Technology (MCHP) reports lower Q3 sales and profit first appeared on AlphaStreet.
Categories Earnings, Technology
Earnings Summary: Microchip Technology (MCHP) reports lower Q3 sales and profit
Semiconductor company Microchip Technology Inc. (NASDAQ: MCHP) has announced financial results for the third quarter of 2025, reporting a decline in sales and adjusted earnings.
- At $1.03 billion, third-quarter net sales were down 42% from the year-ago quarter
- The tech firm reported a net loss of $53.6 million or $0.10 per share for the December quarter, compared to a profit of $419.2 million or $0.77 per share in the prior-year quarter
- On an adjusted basis, the company reported earnings of $0.20 per share for Q3, vs. $1.08 per share a year earlier
- During the quarter, Microchip returned around $244.6 million to stockholders in the form of dividends
- For the fourth quarter, the management expects net sales to be in the range of $920 million to $1.0 billion
- On an adjusted basis, fourth-quarter profit is expected to be between $0.05 per share and $0.15 per share
- On an unadjusted basis, Microchip is expected to incur a loss of $0.24 -$0.14 per share in the March quarter
Listen to the conference calls as they happen. Don’t miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%
E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts’ estimates. Net sales increased to $187.8 billion
Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength
Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook
Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report
Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or
Tags
Discover more from World Byte News
Subscribe to get the latest posts sent to your email.