earnings
confidence high
sentiment positive
materiality 0.75
Microchip beats Q1 guidance; revenue $1.0755B, non-GAAP EPS $0.27 vs. $0.22-$0.26 range
MICROCHIP TECHNOLOGY INC
2026-Q1 EPS reported
-$0.09
revenue$1,075,500,000
- Net sales $1.0755B, +10.8% sequentially, above revised guidance midpoint of $1.0575B.
- GAAP net loss $46.4M ($0.09 loss per diluted share); Non-GAAP net income $154.7M ($0.27 diluted EPS).
- September quarter guidance: net sales $1.13B ± $20M (5.1% sequential growth at midpoint).
- Inventory reduced $124.4M; distribution inventory days down 4 to 29; balance sheet days 214.
- Declared quarterly dividend of $0.455 per common share for September quarter.
item 2.02item 9.01