Goldman Sachs analyst Toshiya Hari downgraded Microchip Technology Inc (NASDAQ:MCHP) to Neutral from Buy with a $79 price target (2.4% upside). He sees…
Microchip Technology (NASDAQ:MCHP) reported its Q3 earnings results on Thursday, February 3, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.20 per share which beat the analyst consensus estimate of $1.17 by 2.56 percent. This is a 48.15 percent increase over earnings of $0.81 per share from
Gainers
Datasea (NASDAQ:DTSS) shares moved upwards by 6.0% to $1.23 during Tuesday's after-market session. The company's market cap stands at $29.5 million.
Microchip Technology Inc (NASDAQ:MCHP) expanded its Gallium Nitride Radio Frequency power device portfolio with new MMICs and discrete transistors covering frequencies…