MCHP: Microchip Technology Inc. Message Board

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Technology Stocks : MCHP: Microchip Technology Inc.

MCHP 55.39

-1.6%

3:59 PM EST

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From: Ron	1/19/2006 9:50:45 PM
	of 216

Microchip Tech quarterly profit rises 41%; div hiked 18.8% (MCHP) By Gabriel Madway SAN FRANCISCO (MarketWatch) -- Microchip Technology Inc. (MCHP) late Thursday reported fiscal third-quarter net earnings of $70.7 million, or 33 cents a share, up 41% from $53.1 million, or 25 cents a share, in the year-ago period. Revenue at the Chandler, Ariz.-based semiconductor maker rose to $234.9 million from $205.4 million, and gross margin was 59.7%. The company expects fiscal fourth-quarter net earnings of 34 cents a share on revenue of $242 million. Microchip also raised its quarterly dividend 18.8% to 19 cents a share. The dividend is payable Feb. 16 to shareholders as of Feb. 2. marketwatch.com;

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