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Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025

  • Microchip Technology Inc.--GlobeNewswire
  • published date: 2024-11-05 21:15:00 UTC

CHANDLER, Ariz., Nov. 05, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today reported results for the three months ended September 30, 2024, as summ…

<ul><li>Net sales of $1.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1, 2024 was net sales of $1.150 billion.</li><li>… [+50105 chars]