Microchip Technology falls after downbeat quarterly revenue forecast
- Posted on November 5, 2024
- By Google News
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Microchip Technology falls after downbeat quarterly revenue forecast
** Shares of chipmaker Microchip Technology NASDAQ:MCHP down 4.3% at $72 in extended trading** MCHP forecasts Q3 net sales between $1.03 bln and $1.10 bln, vs analysts' average estimates of $1.18 bln, according to data compiled by LSEG** Expects Q3 adj. profit per share between 25 cents and 35 cent…
