| Author | Message | ||
     Killernut Registered Member Username: Killernut Post Number: 5252 Registered: 10-2003 |
seems to me they tightened guidance but I suppose it makes little difference. | ||
| Jfh Moderator Username: Jfh Post Number: 994 Registered: 10-2003 |
Microchip Technology Boosts 4Q Outlook Monday March 3, 11:14 am ET Microchip Technology Raises 4th-Quarter Guidance on Improved Sales and Margins CHANDLER, Ariz. (AP) -- Chip maker Microchip Technology Inc. on Monday raised its fiscal fourth-quarter outlook citing higher sales and margins. The company expects to earn about 36 cents to 38 cents per share compared with a previous outlook of 35 cents to 38 cents per share. | ||
| Jfh Moderator Username: Jfh Post Number: 983 Registered: 10-2003 |
Microchip Technology Raises Dividend Thursday January 24, 6:36 pm ET Microchip Technology Boosts Quarterly Dividend by a Penny, to 32 Cents Per Share CHANDLER, Ariz. (AP) -- Semiconductor company Microchip Technology Inc. on Thursday said it raised its quarterly dividend by a penny to 32 cents per share. The dividend is payable Feb. 21 to shareholders of record on Feb. 7. | ||
| Jfh Moderator Username: Jfh Post Number: 982 Registered: 10-2003 |
• Microchip upgraded by Morgan Keegan Briefing.com (Thu 7:27am) | ||
| Jfh Moderator Username: Jfh Post Number: 917 Registered: 10-2003 |
• Coverage initiated on Microchip by Credit Suisse Briefing.com (Thu 6:54am | ||
| Jfh Moderator Username: Jfh Post Number: 712 Registered: 10-2003 |
Semiconductor maker Microchip Technology, Tuesday reaffirmed its outlook for the third quarter of fiscal 2007. The Chandler, Ariz.-based company said that it expects to earn about 33 cents a share on revenue of about $255 million for the quarter ended Dec. 31. Adjusted for share-based compensation expense earnings are expected to be about 36 cents a share. Analysts polled by Thomson First Call were expecting earnings of 33 cents a share on revenue of $254.9 million. Microchip plans to announce its financial results for the third quarter of fiscal 2007 after market close on Tuesday, Jan. 23, 2007. "The December quarter, based on the variables we anticipated, is in line with our prior guidance," the company said. "In spite of the challenging conditions in the marketplace, we still expect strong revenue growth in our 16-bit microcontrollers in the December quarter." | ||
| Jfh Moderator Username: Jfh Post Number: 653 Registered: 10-2003 |
Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Welcome, jfhcirilfr [Sign Out, My Account]Finance Home -Help HomeInvestingNews & OpinionRetirementBanking & CreditLoansInsuranceSmall BizSpecial EditionsColumnistsPersonal FinanceInvesting IdeasMarketsCompany FinancesProvidersGet QuotesSymbol LookupFinance Search AP Microchip Technology 2Q Profit Rises Wednesday October 25, 6:40 pm ET Microchip Technology 2Q Profit Rises and Boosts Dividend but 3Q Forecast Disappoints CHANDLER, Ariz. (AP) -- Semiconductor maker Microchip Technology Inc., a semiconductor manufacturer, said Wednesday its fiscal second-quarter profit grew 21 percent, while boosting its quarterly dividend and approving a stock repurchase authorization. ADVERTISEMENT The quarterly sales growth, though, fell short of Wall Street's expectations, and it forecast third-quarter sales and earnings per share below the Street's view. Its shares fell 76 cents, or 2.4 percent, to $30.80 in aftermarket trading after closing up 16 cents at $31.56 on the Nasdaq. The stock has traded between $29.28 and $38.56 over the past year. Quarterly net income grew to $79.5 million, or 36 cents per share, from $65.7 million, or 31 cents per share, in the prior-year period. Excluding stock-based compensation expenses, the company said earnings per share grew to 38 cents from 31 cents. Wall Street, on average, had been expecting a profit of 36 cents per share, including stock-option expenses, according to an analyst poll by Thomson Financial. Net sales rose to $267.9 million from $227.3 million. Analysts had been expecting $269.1 million. President and Chief Executive Steve Sanghi said in a statement that growth was strongest in Asia, with the Americas and Europe essentially flat. Looking ahead, the company expects fiscal third-quarter sales to be down about 5 percent from second-quarter levels, or about $254.5 million. Wall Street had been expecting $274.1millionn. Microchip Technology said it expects quarterly earnings per share of 33 cents, or 36 cents when excluding stock-based compensation expenses. Analysts had been looking for 37 cents per share. The company said it will pay its increased quarterly dividend of 25 cents on Nov. 22 to shareholders of record on Nov. 8, up from the previous quarter's dividend of 23.5 cents. Microchip Technology also said it authorized a buyback of up to 10 million shares. Microchip reported having 214.9 million shares outstanding as of Aug. 2. | ||
| Jfh Moderator Username: Jfh Post Number: 637 Registered: 10-2003 |
• Coverage initiated on Microchip by UBS Briefing.com (Thu 9:08am) | ||
| Jfh Moderator Username: Jfh Post Number: 543 Registered: 10-2003 |
• Microchip upgraded by Citigroup Briefing.com (Thu 6:33am) | ||
| Jfh Moderator Username: Jfh Post Number: 282 Registered: 10-2003 |
Thu 6:33am MCHP Microchip upgraded by Banc of America Sec - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 228 Registered: 10-2003 |
Microchip Tech affirms quarterly estimates Tue May 17, 2005 09:22 AM ET NEW YORK, May 17 (Reuters) - Semiconductor company Microchip Technology Inc. (MCHP.O: Quote, Profile, Research) on Tuesday affirmed its quarterly earnings and revenue estimates, citing record bookings in April. The company reiterated its net sales outlook of about $218 million and earnings per share view of about 28 cents per share for the first quarter ending June 30. "April closed with record bookings for the first month of a quarter, and May is continuing at the same pace," Steve Sanghi, Microchip's chief executive said in a statement. | ||
| Jfh Moderator Username: Jfh Post Number: 157 Registered: 10-2003 |
UPDATE 1-Microchip Technology net profit rises; stock jumps Wed Apr 27, 2005 05:56 PM ET (Adds outlook, stock price) SAN FRANCISCO, April 27 (Reuters) - Microchip Technology Inc. (MCHP.O: Quote, Profile, Research) , a maker of microcontroller chips for a variety of products, on Wednesday reported higher quarterly net income and raised its dividend by 36 percent. The company also forecast a better-than-expected profit in the current quarter, and its shares rose 6 percent to $27.05 in after-hours trading on Inet. Its fourth-quarter net income rose to $56.4 million or 27 cents a share, from $46.8 million, or 22 cents a share in the year ago period. Sales rose to $208.1 million from $191.5 million in the same period last year. In the current quarter, Microchip Technology targeted an approximate increase in net sales of $218 million from the recently ended period, with earnings of about 28 cents per share. The forecast was ahead of the average analyst forecast of sales of $212.6 million and earnings of 26 cents a share, according to Reuters Estimates. The Chandler, Arizona-based company also increased its quarterly dividend payout to 9.5 cents per share, saying it was able to improve the return to stockholders after posted a record level of cash flow in its fiscal 2005 year. | ||
| Jfh Moderator Username: Jfh Post Number: 155 Registered: 10-2003 |
Welcome, jfhet [Sign Out] My Yahoo! View - Customize Financial News Enter symbol(s) BasicPerformanceReal-time MktDetailedChartResearchOptionsOrder Book Symbol Lookup Press Release Source: Microchip Technology Inc. Microchip Technology Declares Quarterly Cash Dividend and 36% Increase in Dividend Rate Wednesday April 27, 4:20 pm ET CHANDLER, Ariz.--(BUSINESS WIRE)--April 27, 2005--Microchip Technology Inc. (NASDAQ: MCHP - News) today announced that its board of directors has declared a quarterly cash dividend on its common stock and increased the dividend by 36% to 9.5 cents per share. The dividend is payable on June 3, 2005, to stockholders of record on May 13, 2005. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased the cash dividend by 375% since the initial declaration. "Microchip reached a new record level in annual cash flow for fiscal 2005 of $328.3 million prior to stock buy back activity of $68.3 million," said Steve Sanghi, chief executive officer. "We have confidence in the strength of our business model and future cash flows, and are delighted to provide improved value to shareholders by increasing our dividend payment by 36% to 9 1/2 cents per share." | ||
| Jfh Moderator Username: Jfh Post Number: 87 Registered: 10-2003 |
Wed 7:28am MCHP Microchip upgraded by Deutsche Securities - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 55 Registered: 10-2003 |
CHANDLER, Ariz. (AP) -- Semiconductor maker Microchip Technology Inc. on Tuesday backed its fourth-quarter earnings and sales outlook, saying it believes that an industrywide inventory correction is almost over. http://biz.yahoo.com/ap/050308/microchip_technology_outlook_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 23 Registered: 10-2003 |
Wed 7:19am MCHP Coverage initiated on Microchip by Friedman Billings - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1683 Registered: 10-2003 |
Thu 6:42am MCHP Microchip upgraded by Goldman Sachs - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1679 Registered: 10-2003 |
Wed 9:43am MCHP Microchip upgraded by Harris Nesbitt - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1658 Registered: 10-2003 |
Wed 6:28am MCHP Coverage initiated on Microchip by Prudential - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1552 Registered: 10-2003 |
Thu 6:30am MCHP Microchip upgraded by Merrill Lynch - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1549 Registered: 10-2003 |
CHANDLER, Ariz. (AP) -- Microchip Technology Inc., a provider of microcontroller and analog semiconductors, on Wednesday lowered revenue guidance for the third quarter ending Dec. 31, now expecting sales to fall 7 percent from the second-quarter's $220.7 million. The company said weak demand and inventory correction in the semiconductor industry resulted in lower-than-expected bookings. Microchip is forecasting 15 percent growth from year-ago sales of $178 million, and analysts are looking for quarterly revenue of $219.7 million. President and CEO Steve Sanghi said, "We have reduced inventory levels quite substantially in the last six quarters. We believe this will allow moderate inventory growth without necessitating significant changes in manufacturing capacity." Microchip expects to release third-quarter results after market close on Jan. 25, 2005 | ||
| Jfh Moderator Username: Jfh Post Number: 1514 Registered: 10-2003 |
Fri 7:37am MCHP Coverage initiated on Microchip by Wells Fargo Sec - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1429 Registered: 10-2003 |
MCHP doing well: http://biz.yahoo.com/ap/041021/earns_microchip_technology_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 1321 Registered: 10-2003 |
Tue 8:12am MCHP Coverage initiated on Microchip by Smith Barney Citigroup - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1312 Registered: 10-2003 |
Mon 8:30am MCHP Microchip downgraded by Morgan Stanley - Briefing.com | ||
| Jfh Moderator Username: Jfh Post Number: 1053 Registered: 10-2003 |
MCHP up smartly, doing very well, thank you: http://biz.yahoo.com/ap/040720/earns_microchip_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 962 Registered: 10-2003 |
a favorable word about MCHP (see 4th paragraph) http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist= yhoo&guid=%7BCF9EBBB3%2D9131%2D429A%2D842D%2DA44265A24783%7D | ||
| Jfh Moderator Username: Jfh Post Number: 896 Registered: 10-2003 |
MCHP raises outlook: http://biz.yahoo.com/rc/040526/tech_microchiptechnology_outlook_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 726 Registered: 10-2003 |
MCHP increases dividend http://biz.yahoo.com/bw/040426/265790_1.html | ||
| Jfh Moderator Username: Jfh Post Number: 694 Registered: 10-2003 |
MCHP doing even better than I thought: http://biz.yahoo.com/rc/040422/tech_microchiptechnology_1.html | ||
| Tommytwo Registered Member Username: Tommytwo Post Number: 92 Registered: 10-2003 |
JFH I'm working in the electronics area and all the semiconductor representatives and direct company people that come around are reporting an upturn in the business. It is modest, but it seems they are all participating. I havn't spoken with MCHP, but believe they should participate as well. | ||
| Jfh Registered Member Username: Jfh Post Number: 607 Registered: 10-2003 |
which I own, upgraded today. An opinion: http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist= yhoo&guid=%7B83F4098E%2D537B%2D4220%2DAA5A%2D0EDBE049B7F2%7D |
