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Microchip Technology Q1 EPS $1.98 Beats $1.91 Estimate, Sales $1.57B Beat $1.55B Estimate


Benzinga | Aug 3, 2021 04:18PM EDT

Microchip Technology Q1 EPS $1.98 Beats $1.91 Estimate, Sales $1.57B Beat $1.55B Estimate

Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.98 per share which beat the analyst consensus estimate of $1.91 by 3.66 percent. This is a 26.92 percent increase over earnings of $1.56 per share from the same period last year. The company reported quarterly sales of $1.57 billion which beat the analyst consensus estimate of $1.55 billion by 1.23 percent. This is a 19.77 percent increase over sales of $1.31 billion the same period last year.






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