Benzinga | May 6, 2021 04:18PM EDT

Microchip Technology Q4 aDJ. EPS $1.85 Beats $1.74 Estimate, Sales $1.47B Beat $1.46B Estimate

Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.74 by 6.32 percent. This is a 26.71 percent increase over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $1.47 billion which beat the analyst consensus estimate of $1.46 billion by 0.48 percent. This is a 10.63 percent increase over sales of $1.33 billion the same period last year.