Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
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Microchip Technology (MCHP) reported Q3 earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28. This is a significant drop from $1.08 per share a year ago.
February 07, 2025 | 12:00 am
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Microchip Technology reported Q3 earnings of $0.20 per share, missing the expected $0.28 and significantly down from $1.08 a year ago, indicating potential financial challenges.
The earnings miss and significant year-over-year decline in EPS suggest potential financial difficulties or market challenges for Microchip Technology, likely leading to a negative short-term impact on its stock price.
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