Market Overview

Microchip Technology Raises Q3 Guidance

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Shares of Microchip Technology Inc. (NASDAQ: MCHP) are trending up slightly after hours Tuesday.

The increase in share price is a result of the company raising its guidance.

The company raised its third quarter EPS guidance from $0.59-0.64 to $0.60-0.64 vs. the $0.62 analyst estimate.

Shares of Microchip Technology were up 1.95 percent at $45.52.

Posted-In: News Guidance After-Hours Center

 

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