Microchip Technology Q2 adjusted EPS $0.97 vs. estimate $0.93
MCHP•Microchip Technology reported Q2 adjusted EPS of $0.97, compared with an estimate of $0.93. Sales were $1.622 billion, net income was $373.6 million and adjusted net income was $559.2 million.
1. Quarterly results
Microchip Technology reported Q2 net income of $373.6 million and sales of $1.622 billion, versus an estimate of $1.607 billion. EPS was $0.68, while adjusted net income was $559.2 million and adjusted EPS was $0.97.
