Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025

Net sales of $1.026 billion, down 11.8$1.025 billion.On a GAAP basis: gross profit of 54.7%; operating income of $30.9 million and 3.0$53.6 million; and loss of $0.10 per diluted share. Our guidance provided on November 5, 2024 was for GAAP earnings (loss) per share of$(0.04) to $0.03 per diluted share. On a Non-GAAP basis: gross profit of 55.4%; operatin ...