Advertisement

Advertisement

Home / Business and Economy / Microchip Technology Earnings Reveal Mixed Signals Ahead of Q2 Results

Microchip Technology Earnings Reveal Mixed Signals Ahead of Q2 Results

Summary

  • Microchip Technology beat Q1 revenue expectations but missed guidance for next quarter
  • Analysts expect 14.8% year-on-year revenue decline in Q2, but EPS to improve
  • Peers Skyworks and Impinj reported mixed Q2 results, impacting industry sentiment
Microchip Technology Earnings Reveal Mixed Signals Ahead of Q2 Results

Microchip Technology, a leading analog chipmaker, is scheduled to announce its Q2 2025 earnings results this Thursday after the market closes. The company's performance in the previous quarter was a mixed bag, as it beat analysts' revenue expectations by 1% but fell short on revenue guidance for the next quarter.

In Q1 2025, Microchip Technology reported revenues of $970.5 million, down 26.8% year-on-year. However, the company managed to impress with an impressive beat of analysts' EPS estimates. Looking ahead to Q2 2025, analysts are expecting Microchip Technology's revenue to decline 14.8% year-on-year to $1.06 billion, an improvement from the 45.8% decrease recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share.

The majority of analysts covering Microchip Technology have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. However, the company has missed Wall Street's revenue estimates five times over the last two years, indicating potential volatility.

Advertisement

Advertisement

Investors in the analog semiconductors segment have had steady hands going into earnings, with share prices flat over the last month. Microchip Technology is down 5.9% during the same time and is heading into earnings with an average analyst price target of $75.21 (compared to the current share price of $67.28).

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Advertisement

Advertisement

FAQ

Microchip Technology is expected to report a 14.8% year-on-year decline in revenue to $1.06 billion for Q2 2025, an improvement from the 45.8% decrease recorded in the same quarter last year.
Skyworks Solutions delivered year-on-year revenue growth of 6.6% and beat analysts' expectations, while Impinj reported a revenue decline of 4.5% but topped estimates by 4.3%.
Investors have had steady hands going into earnings, with share prices flat over the last month. Microchip Technology's stock is down 5.9% during the same time period.

Read more news on