MCHP $79.17 +1.91%

MCHP · Microchip Technology Inc

$79.17 +1.48 (+1.91%) At close · Aug 14

Market Cap

$42.99B

543.01M

Earnings call · FY2024 Q1

Microchip Technology Inc Q1 FY2024 Earnings Call

Concluded Aug 3, 2023

Aug 3, 2023 0 turns

Executive readout · one minute

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Research coverage

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Revenue $2.29B +16.6% YoY

Diluted EPS $1.21 +34.4% YoY

Gross margin 68.1% +1.4 pp YoY

Net income $666.40M +31.4% YoY

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8-K earnings release Filed Aug 3, 2023 10-Q report Filed Aug 3, 2023

How the reported period landed and where the business moved.

Semiconductor Products$2.25B +17.1% YoY

Technology Licensing$33.80M -10.8% YoY