earnings
confidence high
sentiment positive
materiality 0.80
Microchip expects Q3 net sales ~$1,185M, above prior guidance of $1,109-1,149M
MICROCHIP TECHNOLOGY INC
2026-Q3 EPS reported
$0.00
revenue$3,401,900,000
- Expected net sales about $1,185M for Q3 FY2026 ended Dec 31, 2025, above original guidance of $1,109-1,149M.
- CEO cites broad-based recovery, strong bookings, and progress on nine-point recovery plan.
- Internal inventory reduced; ramping factories in March quarter to lower under-utilization charges.
- March quarter starting backlog much better than December quarter, indicating continued recovery.
- Full Q3 fiscal 2026 results to be announced on Feb 5, 2026.