— Microchip Technology Incorporated (NASDAQ: MCHP) reported earnings of $1.32 per share in the third quarter of 2019, vs. $1.26 per share expected.
— Total revenue fell 6.4% to $1.29 billion, vs. $1.28 billion expected.
— End-market demand for microcontroller business was down 1.1%, for analog business was down 3.6% and for FPGA business was flat compared to the September 2019 quarter.
— For the fourth quarter, Microchip expects net sales between $1.313 billion and $1.403 billion. Adjusted EPS for this period is projected to be $1.35 to $1.51.
— MCHP shares were down 0.41% immediately following the announcement.
Seagate Technology plc (NASDAQ: STX), a leading provider of data storage solutions, Thursday said its earnings declined in the first quarter of 2021, owing to a 10% fall in revenues.
Intel Corporation (NASDAQ: INTC) reported third quarter 2020 earnings results today. Revenue fell 4% year-over-year to $18.3 billion. GAAP net income decreased 29% to $4.3 billion while EPS dropped 25%
AT&T Inc. (NYSE: T) today reported its third quarter financial results for the period ended September 30, 2020. Net income for the third quarter was $2.8 billion, or $0.39 per