Microchip Technology MCHP reported its Q1 earnings results on Tuesday, August 2, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Microchip Technology beat estimated earnings by 2.24%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $395.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 6.13% increase in the share price the next day.
Here's a look at Microchip Technology's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.25 | 1.17 | 1.06 | 0.96 |
| EPS Actual | 1.35 | 1.20 | 1.07 | 0.99 |
| Revenue Estimate | 1.82B | 1.75B | 1.65B | 1.55B |
| Revenue Actual | 1.84B | 1.76B | 1.65B | 1.57B |
To track all earnings releases for Microchip Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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