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Here's What Key Metrics Tell Us About Microchip Tech (MCHP) Q3 Earnings
MCHPMicrochip Technology(MCHP) ZACKS·2025-02-07 00:01

Microchip Technology (MCHP) reported 1.03billioninrevenueforthequarterendedDecember2024,representingayearoveryeardeclineof41.91.03 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 41.9%. EPS of 0.20 for the same period compares to 1.08ayearago.Thereportedrevenuerepresentsasurpriseof2.021.08 a year ago.The reported revenue represents a surprise of -2.02% over the Zacks Consensus Estimate of 1.05 billion. With the consensus EPS estimate being $0.28, the EPS surprise was -28.57%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...