{"schema_version":"secwatch.filing_event.v1","accession":"0000827054-23-000019","form_type":"8-K","ticker":"MCHP","cik":"0000827054","company_name":"MICROCHIP TECHNOLOGY INC","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.198609+00:00","generated_at":"2026-06-20T03:02:47.985284+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Microchip posts record Q3 FY2023: net sales $2.169B, GAAP EPS $1.04, debt paydown $719M","bullets":["Record net sales $2.169B, up 4.6% sequentially and 23.4% YoY; midpoint guidance was $2.156B.","GAAP: gross margin 67.8%, operating income $811.6M (37.4% of sales), net income $580.3M, diluted EPS $1.04.","Non-GAAP: gross margin 68.1%, operating income $1.030B (47.5% of sales), net income $863.7M, diluted EPS $1.56.","Paid down $719.1M debt in December quarter; cumulative $6.2B over 18 quarters.","Quarterly dividend raised to $0.358/share, up 9.1% sequentially and 41.5% YoY; repurchased 3.1M shares for $229.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000827054-23-000019","json":"https://secwatch.observer/filing/0000827054-23-000019.json","markdown":"https://secwatch.observer/filing/0000827054-23-000019.md","text":"https://secwatch.observer/filing/0000827054-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000019/0000827054-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000019/mchp-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:02:47.985284+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fc284b26414913f07c8b51dac2a564dd69ada9d4","claim":"MICROCHIP TECHNOLOGY INC reported third quarter of fiscal year 2023 results: revenue $2.169 billion, net income $580.3 million, EPS $1.04 per diluted share.","evidence_excerpt":"CONTACT: J. Eric Bjornholt -- CFO..... (480) 792-7804 MICROCHIP TECHNOLOGY ANNOUNCES RECORD FINANCIAL RESULTS FOR THIRD QUARTER OF FISCAL YEAR 2023 • Record net sales of $2.169 billion, up 4.6% sequentially and up 23.4% from the year ago quarter. The midpoint of our guidance provided on November 3, 2022 was net sales of $2.156 billion. • On a GAAP basis: record","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000019/0000827054-23-000019-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2023"},{"label":"Revenue","value":"$2.169 billion"},{"label":"Net income","value":"$580.3 million"},{"label":"EPS","value":"$1.04 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}