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Technology Stocks : Semi Equipment Analysis
SOXX 423.25-2.1%3:59 PM EST

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To: Return to Sender who wrote (88782)8/2/2022 4:37:25 PM
From: Return to Sender1 Recommendation

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Sam

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Microchip beats by $0.03, reports revs in-line; guides Q2 EPS above consensus, revs above consensus
4:20 PM ET 8/2/22 | Briefing.com

Reports Q1 (Jun) earnings of $1.37 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $1.34; revenues rose 25.1% year/year to $1.96 bln vs the $1.95 bln S&P Capital IQ Consensus. Co issues upside guidance for Q2 (Sep), sees EPS of $1.42-1.46, excluding non-recurring items, vs. $1.37 S&P Capital IQ Consensus; sees Q2 revs of $2.023-2.101 bln vs. $1.97 bln S&P Capital IQ Consensus.

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