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Microchip (MCHP) shares down as fiscal Q1 2025 guidance falls short

Microchip (MCHP) shares down as fiscal Q1 2025 guidance falls short
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Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2024

06.05.2024 - For the quarter ended March 31, 2024 Net sales of $1.326 billion, down 24.9% sequentially and down 40.6% from the year ago quarter. Our guidance provided on February 1, 2024 was for net sales to be down 25% sequentially.On a GAAP basis: gross .

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Microchip Technology expects weak quarterly results on excess inventory impact

Microchip Technology forecast first-quarter net sales and profit below Wall Street estimates on Monday, signaling weak demand as customers continue to clear excess inventory, sending its shares down.

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Registration is Now Open for Microchip s 24th Annual Worldwide MASTERs Conference in Scottsdale, Arizona

Registration is Now Open for Microchip s 24th Annual Worldwide MASTERs Conference in Scottsdale, Arizona
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Registration is Now Open for Microchip s 24th Annual Worldwide MASTERs Conference in Scottsdale, Arizona - Microchip Technology (NASDAQ:MCHP)

CHANDLER, Ariz., May 02, 2024 (GLOBE NEWSWIRE) Microchip Technology (NASDAQ:MCHP) today announces that registration is now open for its signature Worldwide MASTERs Conference, the premier technical training event

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