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Microchip Technology(MCHP) - 2025 Q2 - Quarterly Results

EXHIBIT 99.1 NEWS RELEASE INVESTOR RELATIONS CONTACT: Sajid Daudi -- Head of Investor Relations..... (480) 792-7385 MICROCHIP TECHNOLOGY ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER OF FISCAL YEAR 2025 • Net sales of 1.164billion,down6.21.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1, 2024 was net sales of 1.150 billion. • Revenue, gross profit and non-GAAP gross profit were positively impacted by a $13.3 million legal settlement. This settle ...