Microchip Technology Incorporated (NASDAQ: MCHP) is set to announce its financial results for the second quarter of 2025 on Tuesday 5th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $0.43 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $1.15 billion for this specific period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $4.86 billion. Additionally, they forecast the earnings per share to hit profit of $1.95 for the fiscal year.
In the same three months of the year before, the company made income of $1.62 per share, as shown in their financial report. This number came from the total revenue of $2.25 billion that the company earned in that particular quarter.
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 05:00 PM eastern time to review the Q2 2025 financial results.
Microchip Technology Incorporated (MCHP) shares experienced a range of $73.41 to $75.27 on a day volume of 4.64 million shares. The stock closed Friday's regular trading session at $74.81, demonstrating a 1.96 percent increase.
