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Microchip Technology Appoints Rich Simoncic as Chief Operating Officer

CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected a. ....

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Q4 Earnings Roundup: Microchip Technology (NASDAQ:MCHP) And The Rest Of The Analog Semiconductors Segment

Real-time index price for S&P Smallcap 600 (IQY), along with buy or sell indicators, analysis, charts, historical performance, news and more ....

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Microchip Technology Announces Financial Results for Third

Net sales of $1.766 billion, down 21.7% sequentially and down 18.6% from the year ago quarter. Our preliminary net sales results provided on January 8,. ....

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Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2024

Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2024
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Why Is Microchip Technology Stock Diving Premarket Friday? Why Is Microchip Technology (MCHP) Stock Diving Premarket Friday? - Microchip Technology (NASDAQ:MCHP)

Microchip Technology (MCHP) faces Q3 challenges with a notable 18.6% YoY sales dip at $1.766 billion. CEO Ganesh Moorthy addresses weaker demand impacting shipments and extended shutdowns. While delivering a beat in adjusted EPS at $1.08, the company experiences a 3.74% stock decline. Amidst these hurdles, Microchip adapts by reducing debt, initiating buybacks, and boosting dividends by 25.7%. ....

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