Lates News

Microchip Technology reported adjusted earnings per share of $0.11 for the fourth quarter, beating analysts' expectations of $0.10. Net sales for the fourth quarter were $9.705 billion, slightly higher than analysts' forecast of $9.627 billion. The company is expecting net sales for the first quarter to be between $10.2 billion and $10.7 billion, higher than analysts' expectations of $9.835 billion.