- The company expects net sales and earnings per share to be at the high end of its previously issued guidance
- It now sees a sequential growth of roughly 1% that exceeds the midpoint of the prior guidance
- Year-over-year, the revised third quarter revenue guidance represents 12% growth
- The company now expects unadjusted earnings per share to be around $0.02 in the third quarter
- As per the revised outlook, adjusted earnings are expected to be about $0.40 per share, currently
- Bookings activity has remained strong through November, with backlog filling in better than expected in the current quarter
Market News
Earnings Summary: Microchip Technology raises financial guidance for Q3 FY26
Microchip Technology Inc. (NASDAQ: MCHP), a provider of connected and secure embedded control solutions, has updated its sales and earnings guidance for the third quarter of fiscal 2026. The company expects net sales and earnings per share to be at the high end of its previously issued guidance It now sees a sequential growth of […]
“Microchip Technology Inc. (NASDAQ: MCHP), a provider of connected and secure embedded control solutions, has updated its sales and earnings guidance for the third quarter of fiscal 2026. The company expects net sales and earnings per share to be at the high end of its previously issued guidance It now sees a sequential growth of […]
· December 3, 2025
Microchip Technology Inc. (NASDAQ: MCHP), a provider of connected and secure embedded control solutions, has updated its sales and earnings guidance for the third quarter of fiscal 2026.
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