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Technology Stocks : Semi Equipment Analysis
SOXX 305.41-1.4%Oct 30 4:00 PM EDT

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To: Return to Sender who wrote (91043)11/2/2023 6:33:26 PM
From: Return to Sender  Read Replies (1) of 95327
 
Microchip reports EPS in-line, revs in-line; guides Q3 EPS below consensus, revs below consensus

4:23 PM ET 11/2/23 | Briefing.com

Reports Q2 (Sep) earnings of $1.62 per share, excluding non-recurring items, in-line with the FactSet Consensus of $1.62; revenues rose 8.7% year/year to $2.25 bln vs the $2.27 bln FactSet Consensus. Co issues downside guidance for Q3, sees EPS of $1.09-1.17, excluding non-recurring items, vs. $1.44 FactSet Consensus; sees Q3 revs of $1.803-1.916 bln vs. $2.11 bln FactSet Consensus.
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