earnings
confidence high
sentiment positive
materiality 0.85
Microchip Q1 FY2027 net sales $1.485B, up 38% YoY; EPS $0.37 GAAP, $0.76 non-GAAP, above guidance
MICROCHIP TECHNOLOGY INC
- Net sales $1.485B, up 38% YoY and 13.2% sequentially, above guidance midpoint of $1.456B.
- GAAP EPS $0.37 (guidance $0.28-$0.29); non-GAAP EPS $0.76 (guidance $0.67-$0.71).
- September quarter guidance: net sales up 7-9% sequentially, ~40.6% YoY growth at midpoint.
- Quarterly dividend declared at $0.455 per share; returned $246.9M to stockholders in June quarter.
- Net debt reduced by ~$170M; inventory days improved from 185 to 175; book-to-bill well above 1.