Semiconductor firm Microchip Technology Inc. (NASDAQ: MCHP) has introduced monetary outcomes for the third quarter of 2025, reporting a decline in sales and adjusted earnings.
- At $1.03 billion, third-quarter internet sales had been down 42% from the year-ago quarter
- The tech agency reported a internet lack of $53.6 million or $0.10 per share for the December quarter, in comparison with a profit of $419.2 million or $0.77 per share within the prior-year quarter
- On an adjusted foundation, the corporate reported earnings of $0.20 per share for Q3, vs. $1.08 per share a 12 months earlier
- Throughout the quarter, Microchip returned round $244.6 million to stockholders within the type of dividends
- For the fourth quarter, the administration expects internet sales to be within the vary of $920 million to $1.0 billion
- On an adjusted foundation, fourth-quarter profit is predicted to be between $0.05 per share and $0.15 per share
- On an unadjusted foundation, Microchip is predicted to incur a lack of $0.24 -$0.14 per share within the March quarter
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