MCHP Q2 FY2027 earnings: EPS beat by 3.6%, revenue beat by 0.8%
MICROCHIP TECHNOLOGY INC reported Q2 FY2027. EPS came in at $0.97 against a $0.94 consensus, beat by 3.6%. Revenue was $1.6B versus $1.6B expected, beat by 0.8%. Gross margin was 65.9%, up 270 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.97 | $0.94 | beat by 3.6% |
| Revenue | $1.6B | $1.6B | beat by 0.8% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $1.6B | +9.2% | +42.2% |
| Gross profit | $1.1B | +13.8% | +67.4% |
| Operating income | $464.5M | +37.9% | +387.9% |
| Net income | $373.6M | +62.6% | +795.9% |
| Diluted EPS | $0.00 | -100.0% | -100.0% |
| Gross margin: 65.9%. |
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The trend
Revenue is up 42.2% from the same quarter last year. Gross margin sits at 65.9%, a new high for the period charted.
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How it stacks up
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