Site icon World Byte News

Earnings Summary: Microchip Technology (MCHP) reports lower Q3 sales and profit​on February 7, 2025 at 2:09 pm

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.

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

Key metrics from Biogen’s (BIIB) Q4 2024 earnings results

Biogen Inc. (NASDAQ: BIIB) reported its fourth quarter 2024 earnings results today. Total revenue increased 3% year-over-year to $2.5 billion.   Net income attributable to Biogen Inc. was $266.8 million,

Important takeaways from Coca-Cola’s (KO) Q4 2024 earnings

The Coca-Cola Company (NYSE: KO) has wrapped up fiscal 2024 on an upbeat note, reporting stronger-than-expected results for the final quarter of the year. Encouraged by the growth in sales

Walt Disney (DIS): A look at the performance of the streaming business in 1Q25

Shares of The Walt Disney Company (NYSE: DIS) dropped 1% on Tuesday. The stock has gained 6% over the past three months. The company delivered top and bottom line growth

 

Exit mobile version