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Microchip Technology stock rises after missing revenue exepctations [MarketWatch]

Microchip Technology Incorporated (MCHP)  More Company Research Source: MarketWatch
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Microchip Technology stock rises after missing revenue exepctations Microchip Technology Inc. MCHP, -2.48% shares rose 2.8% in the extended session Tuesday after the company reported revenue that missed analyst estimates. The company reported fiscal second-quarter net income of $108.9 million, which amounts to 43 cents a share, versus net income of $96.3 million, or 38 cents a share, in the year-ago quarter. Adjusted for amortization of intangible assets and stock-based compensation, among other items, earnings were $1.43 a share. Revenue fell to $1.34 billion to $1.43 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.43 a share on sales of $1.35 billion. For the fiscal third quarter, analysts estimate adjusted earnings of $1.22 a share on sales of $1.26 billion. Microchip Technology said it expects third-quarter adjusted earnings of $1.12 to $1.32 a share on sales of $1.2 billion to $1.31 billion. Microchip Technology stock has gain [Read more]
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Stockreport

Microchip Technology stock rises after missing revenue exepctations [MarketWatch]

Microchip Technology Incorporated  (MCHP) 
More Company Research Source: MarketWatch
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Microchip Technology stock rises after missing revenue exepctations Microchip Technology Inc. MCHP, -2.48% shares rose 2.8% in the extended session Tuesday after the company reported revenue that missed analyst estimates. The company reported fiscal second-quarter net income of $108.9 million, which amounts to 43 cents a share, versus net income of $96.3 million, or 38 cents a share, in the year-ago quarter. Adjusted for amortization of intangible assets and stock-based compensation, among other items, earnings were $1.43 a share. Revenue fell to $1.34 billion to $1.43 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.43 a share on sales of $1.35 billion. For the fiscal third quarter, analysts estimate adjusted earnings of $1.22 a share on sales of $1.26 billion. Microchip Technology said it expects third-quarter adjusted earnings of $1.12 to $1.32 a share on sales of $1.2 billion to $1.31 billion. Microchip Technology stock has gain [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MCHP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS