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Microchip Forecasts 11% June-Quarter Sales Growth and Strong EPS

Microchip Technology projects an 11% increase in June-quarter sales, with non-GAAP earnings per share estimated between $0.67 and $0.71. The forecast is driven by the addition of PCIe retimers in data centers.

8 May, 01:52 — 8 May, 01:52
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seeking-alphaMixed1h ago

Microchip forecasts June-quarter sales up 11% and non-GAAP EPS of $0.67-$0.71 as data center adds PCIe retimers

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