secwatch.observer — SEC 8-K summary
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Issuer:     MICROCHIP TECHNOLOGY INC (MCHP)
CIK:        0000827054
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000827054-25-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Microchip Q3 revenue $1.026B, down 41.9% YoY; GAAP net loss $0.10/share
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- Net sales $1.026B, down 11.8% sequentially and 41.9% from Q3 FY24; slightly above updated guidance of $1.025B.
- GAAP net loss $53.6M ($0.10 diluted loss); non-GAAP net income $107.3M ($0.20 diluted).
- Non-GAAP operating margin 20.5% ($210.7M); gross margin 55.4% (GAAP 54.7%).
- Quarterly dividend raised to $0.455/share, a 1.1% YoY increase; $244.6M returned to stockholders in Dec quarter.
- Guidance from Dec 2 had projected non-GAAP EPS of $0.25; actual non-GAAP EPS of $0.20 missed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/827054/000082705425000018/0000827054-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/827054/000082705425000018/mchp-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000827054-25-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer