Microchip Technology Sees Q2 Adj. EPS $0.40-$0.46; Revenue $1.12B-$1.18B
Portfolio Pulse from Benzinga Newsdesk
Microchip Technology has announced its Q2 adjusted EPS guidance to be between $0.40 and $0.46, with expected revenue ranging from $1.12 billion to $1.18 billion.
August 01, 2024 | 8:38 pm
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Microchip Technology has provided Q2 guidance with adjusted EPS expected to be between $0.40 and $0.46, and revenue projected to range from $1.12 billion to $1.18 billion.
The guidance provided by Microchip Technology indicates a positive outlook for the upcoming quarter, which is likely to boost investor confidence and positively impact the stock price in the short term.
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