Microchip Technology's adjusted EPS for the fourth quarter was $0.11, higher than expected.

Microchip Technology reported an adjusted EPS of $0.11 for the fourth quarter, higher than analysts' expectation of $0.1. Net sales for the fourth quarter were $9.705 billion, exceeding analysts' prediction of $9.627 billion. The company forecasts net sales for the first quarter to be between $10.2 billion and $10.7 billion, higher than analysts' expectation of $9.835 billion.