8-K
filed August 1, 2024, 7:59 PM ET
ticker MCHP
CIK 0000827054
earnings
confidence high
sentiment negative
materiality 0.80
Microchip Q1 sales down 45.8% YoY; Executive Chair retires as officer; dividend up 10.7%
MICROCHIP TECHNOLOGY INC
2025-Q1 EPS reported
$0.24
revenue$1,241,300,000
- Net sales $1.241B, down 6.4% sequentially and 45.8% YoY, within guidance midpoint.
- GAAP net income $129.3M ($0.24 diluted EPS); Non-GAAP $289.9M ($0.53 diluted EPS).
- Quarterly dividend increased to $0.454/share, up 10.7% YoY, a record quarterly dividend.
- Steve Sanghi retiring as officer/employee effective Aug 20, 2024, remaining as board chair.
- Returned $315.3M to stockholders via dividends and share repurchases in the June quarter.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0000827054-24-000138
- form_type
- 8-K
- ticker
- MCHP
- cik
- 0000827054
- company_name
- MICROCHIP TECHNOLOGY INC
- filed_at
- 2024-08-01T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:15.993949+00:00
- generated_at
- 2026-05-31T14:08:15.162838+00:00
- sec_items
- ["2.02", "5.02", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.8
- calibrated_materiality_score
- 0.8
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0000827054-24-000138
- json_url
- https://secwatch.observer/filing/0000827054-24-000138.json
- markdown_url
- https://secwatch.observer/filing/0000827054-24-000138.md
- text_url
- https://secwatch.observer/filing/0000827054-24-000138.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/827054/000082705424000138/0000827054-24-000138-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/827054/000082705424000138/mchp-20240801.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
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- correction_note
- null
- correction_timestamp
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