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Microchip +1.4% on Q4 beats, in-line guide

May 08, 2018 9:31 AM ETMicrochip Technology Incorporated (MCHP) StockBy: Brandy Betz, SA News Editor
  • Microchip (NASDAQ:MCHPgains 1.4% premarket on Q4 results that beat EPS and revenue estimates with an 11% Y/Y revenue growth. In-line Q1 guidance has revenue of $1.012B to $1.062B (consensus: $1.03B) and EPS from $1.39 to $1.49 (consensus: $1.43).
  • Key metrics: Gross margin, 61.7%; operating income, $395.6M; operating margin, 39.5%; cash flow from operations, $359.6M; cash and equivalents, $2.197B. 
  • Earnings call replay available here
  • Press release.  
  • Previously: Microchip Technology beats by $0.06, beats on revenue (May 8)
  • Previously: Microchip Technology declares $0.3635 dividend (May 8)

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