Categories AlphaGraphs, Earnings, LATEST
MCHP Earnings: Microchip Technology Q4 2023 sales and profit increase
Microchip Technology Inc. (NASDAQ: MCHP) has announced financial results for the fourth quarter of 2023, reporting a 21% growth in net sales.
Net income for the fourth quarter increased to $604 million, or $1.09 per share from $437.9 million, or $0.77 per share in the corresponding period of last year. Adjusted earnings, excluding special items, climbed 21% annually to $1.64 per share.
At $2.23 billion, fourth-quarter net sales were up 21% year-over-year. The company declared a record quarterly cash dividend of 38.3 cents per share, up 38.8% from the year-ago quarter.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
