Page 42 - Microchip Technology News Today

Microchip Technology (NASDAQ:MCHP – Get Free Report) released its earnings results on Thursday. The semiconductor company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.04, RTT News reports. The company had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Microchip Technology had […]

Microchip Technology (NASDAQ:MCHP – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.460-0.680 for the period, compared to the consensus EPS estimate of 0.910. The company issued revenue guidance of $1.2 billion-$1.4 billion, compared to the consensus revenue estimate of $1.7 billion. Microchip Technology also […]

OPENING CALL Index futures rose, with Meta leading premarket gainers. And its Jobs Day, with Januarys readout, due at 8:30 a.m. ET, expected to show signs of modest labor-market cooling. In... -February 02, 2024 at 06:12 am EST - MarketScreener

Microchip Technology (NASDAQ:MCHP – Free Report) had its target price boosted by Needham & Company LLC from $85.00 to $90.00 in a research report sent to investors on Friday, Benzinga reports. The firm currently has a buy rating on the semiconductor company’s stock. Other analysts have also issued reports about the stock. Rosenblatt Securities reaffirmed […]

Microchip Technology (NASDAQ:MCHP – Get Free Report) issued its quarterly earnings data on Thursday. The semiconductor company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.04 by $0.04, RTT News reports. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.77 billion. Microchip Technology had a […]

Microchip Technology (NASDAQ:MCHP – Get Free Report) had its target price decreased by investment analysts at The Goldman Sachs Group from $87.00 to $77.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. The Goldman Sachs Group’s price target would indicate […]

* Jan non-farm payrolls jump sharply *...

The shares of Meta jumped 15% yesterday after it tripled its profit and introduced its first dividend. Investors were happy about this strong result and Amazon’s robust earnings, so much so that it... -February 02, 2024 at 09:03 am EST - MarketScreener

Nasdaq futures climbed 1% on Friday as investors cheered strong quarterly reports from Meta Platforms and Amazon.com and keenly awaited a crucial jobs print at the end of a week marked by major tech...

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to extend the significant rebound seen during the previous session.