Microchip Technology Inc
MCHP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| f> | LOCK|MJC | LOCK|?q?j&&V |
Microchip Earnings: Raising Fair Value to $71 From $63 as Growth Improves
Microchip Technology's fiscal third-quarter revenue of $1.186 billion was up 16% year over year, ahead of the firm’s original guidance. Microchip expects March-quarter revenue of $1.26 billion, which would be ahead of FactSet consensus estimates and represents 30% year-over-year growth.
