Microchip Fiscal Q2 Earnings, Revenue Rise; Issues Q3 Guidance

04:41 PM EST, 11/05/2026 (MT Newswires) -- Microchip Technology (MCHP) reported fiscal Q2 adjusted earnings late Thursday of $0.97 per diluted share, up from $0.35 a year earlier. Analysts polled by FactSet expected $0.94. Revenue for the three months ended Sept. 30 rose to $1.62 billion from $1.14 billion a year earlier. Analysts projected $1.61 billion. The company expects fiscal Q3 adjusted EPS of $0.87 to $0.95 on revenue of $1.573 billion to $1.638 billion. Analysts expect $0.94 and $1.63 billion respectively. Microchip kept its quarterly dividend at $0.455 per share, payable Dec. 8 to stockholders of record Nov. 23. Shares were down over 5% in after-hours trading.