{"schema_version":"secwatch.filing_event.v1","accession":"0000827054-23-000131","form_type":"8-K","ticker":"MCHP","cik":"0000827054","company_name":"MICROCHIP TECHNOLOGY INC","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.743345+00:00","generated_at":"2026-06-12T10:24:30.093889+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Microchip posts record Q1 FY2024; GAAP EPS $1.21 beats guidance; dividend raised 36%","bullets":["Record net sales $2.289B (+16.6% YoY); GAAP EPS $1.21 beats guidance of $1.15-$1.16.","Non-GAAP EPS $1.64 in line with guidance ($1.63-$1.65).","Paid down $413M in debt; net leverage reduced to 1.29x.","Quarterly dividend raised to $0.41/share (+36.2% YoY); $140.3M in share repurchases.","Record GAAP operating margin 39.5%; Non-GAAP operating margin 48.1%."],"urls":{"canonical":"https://secwatch.observer/filing/0000827054-23-000131","json":"https://secwatch.observer/filing/0000827054-23-000131.json","markdown":"https://secwatch.observer/filing/0000827054-23-000131.md","text":"https://secwatch.observer/filing/0000827054-23-000131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000131/0000827054-23-000131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000131/mchp-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:24:30.093889+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":"26c212335f0d52def166696effe4b8813ef5b966","claim":"MICROCHIP TECHNOLOGY INC reported the three months ended June 30, 2023 results: revenue $2,288.6, net income $666.4, EPS $1.21 per diluted share.","evidence_excerpt":"Chandler, AZ 85224-6199 Main Office 480•792•7200 Microchip Technology Reports First Quarter Fiscal 2024 Financial Results Page 2 Three Months Ended June 30, 2023 (1) Net sales $2,288.6 GAAP % Non-GAAP (2) % Gross profit $1,558.4 68.1% $1,565.2 68.4% Operating income $903.1 39.5% $1,100.4 48.1% Other expense $(54.8) $(45.7) Income tax provision $181.9 $149.4 Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/827054/000082705423000131/0000827054-23-000131-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$2,288.6"},{"label":"Net income","value":"$666.4"},{"label":"EPS","value":"$1.21 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"}