Microchip Technology (MCHP) Tops Q2 EPS by 7c; Guides Q3 EPS Above Views

Microchip Technology (NASDAQ: MCHP) reported Q2 EPS of $0.94, $0.07 better than the analyst estimate of $0.87. Revenue for the quarter came in at $871.4 million versus the consensus estimate of $860.96 million.

GUIDANCE:

Microchip Technology sees Q3 2017 EPS of $0.85-$0.95, versus the consensus of $0.83. Microchip Technology sees Q3 2017 revenue of $821.4-873.8 million, versus the consensus of $844.58 million.

For earnings history and earnings-related data on Microchip Technology (MCHP) click here.

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