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TimeProvider® 4100 Grandmaster Version 2.4 Firmware Offers Embedded BlueSky™ Firewall Technology to Detect Security Threats
Newsfilter· 2024-05-22 20:00
CHANDLER, Ariz., May 22, 2024 (GLOBE NEWSWIRE) -- Critical infrastructure such as public utilities, transportation and mobile networks depend on time to synchronize their networks. The primary source of time comes from national timing systems like Global Position Satellite (GPS), but GPS signals are susceptible to jamming and spoofing attacks. To continue to provide critical infrastructure operators with a secure timing solution, Microchip Technology (Nasdaq: MCHP) today announces the release of version 2.4 ...
Microchip Expands its Radiation-Tolerant Microcontroller Portfolio with the 32-bit SAMD21RT Arm® Cortex®-M0+ Based MCU for the Aerospace and Defense Market
Newsfilter· 2024-05-16 20:00
CHANDLER, Ariz., May 16, 2024 (GLOBE NEWSWIRE) -- Space exploration is experiencing a resurgence with exciting new missions like the highly anticipated Artemis II mission, the recent successful lunar landing missions such as JAXA SLIM and Chandaaryan-3, and New Space deployments in Low Earth Orbit (LEO). Designers require electronic components that meet stringent radiation and reliability standards to operate in the harsh environments found in space. Microchip Technology (NASDAQ:MCHP) today announces the SA ...
Microchip Tech (MCHP) Reliance on International Sales: What Investors Need to Know
Zacks Investment Research· 2024-05-13 21:46
Have you looked into how Microchip Technology (MCHP) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this chipmaker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investor ...
Microchip (MCHP) Q4 Earnings Meet Estimates, Sales Decline Y/Y
Zacks Investment Research· 2024-05-08 01:36
Microchip Technology (MCHP) reported fourth-quarter fiscal 2024 non-GAAP earnings of 57 cents per share, which was in line with the Zacks Consensus Estimate but declined 65.2% on a year-over-year basis. Net sales of $1.33 billion decreased 40.6% year over year and lagged the Zacks Consensus Estimate by 0.09%. Quarter in Detail Sales from mixed signal microcontroller, analog and other accounted for 52.5%, 24.8% and 22.7% of net sales, respectively. Geographically, revenues from the Americas, Europe and Asia ...
Radiation-Tolerant DC-DC 50-Watt Power Converters Provide High-Reliability Solution for New Space Applications
Newsfilter· 2024-05-07 21:10
CHANDLER, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- The Low-Earth Orbit (LEO) market is rapidly growing as private and public entities alike explore the new space region for everything from 5G communication and cube satellites to IoT applications. There is an increased demand for standard space grade solutions that are reliable, cost effective and configurable. To meet this market need, Microchip Technology (NASDAQ:MCHP) today announces a new family of Radiation-Tolerant (RT) LE50-28 isolated DC-DC 50W power ...
Microchip Technology(MCHP) - 2024 Q4 - Earnings Call Transcript
2024-05-07 09:24
财务数据和关键指标变化 - 2024财年第四季度营收为13.26亿美元,环比下降24.9% [8] - 2024财年全年营收为76.34亿美元,同比下降9.5% [10] - 2024财年第四季度非GAAP毛利率为60.3%,包括32百万美元的产能利用费用 [8] - 2024财年全年非GAAP毛利率为65.8% [10] - 2024财年第四季度非GAAP营业利润率为32.9% [8] - 2024财年全年非GAAP营业利润率为43.9% [10] - 2024财年第四季度非GAAP净利润为3.103亿美元,非GAAP每股收益为0.57美元 [8] - 2024财年全年非GAAP净利润为26.98亿美元,非GAAP每股收益为4.92美元 [10] 各条业务线数据和关键指标变化 - 2024财年混合信号微控制器业务收入下降10.2%,占总收入的56% [22] - 2024财年模拟业务收入下降15.2%,占总收入的26.4% [22] - 2024财年FPGA业务收入超过6.79亿美元,同比增长22%,毛利率高于公司平均水平 [23] 各个市场数据和关键指标变化 - 除航空航天和人工智能数据中心外,所有地区和大部分终端市场都疲软 [29] - 公司出货量明显低于终端市场消费,分销渠道正在消耗库存 [30] 公司战略和发展方向 - 公司将在2025年7月推出64位嵌入式微处理器产品线,扩展32位产品线 [27] - 公司是唯一一家提供从8位到64位的全系列嵌入式控制和处理平台,以及FPGA,并拥有共同的开发工具生态系统 [28] - 公司完成了对韩国VSI和Neuronix AI Labs的收购,扩展了汽车网络和边缘AI能力 [24][26] 管理层对经营环境和未来前景的评论 - 公司认为6月份将是本轮周期的底部,9月份开始实现顺序收入增长 [37] - 公司看到订单取消和推迟减少、订单增加、交货期缩短等积极信号,认为这些都指向了底部的形成 [31][32] - 公司将继续实施成本控制措施,包括工厂停产和员工减薪,以保护核心员工并维持研发和制造能力 [34][35] - 公司对长期增长、盈利能力和现金流能力保持信心,认为解决方案仍是所服务行业的创新引擎 [38][39] 问答环节重要的提问和回答 问题1 **Vivek Arya 提问** 询问公司是否有对终端市场消费的估计 [88] **Ganesh Moorthy 回答** 公司难以准确估计终端市场消费,但可以通过过去4个季度的收入平均值来估算大致范围 [89] 问题2 **Tore Svanberg 提问** 询问公司对未来12-18个月的库存管理目标 [93] **Eric Bjornholt 回答** 公司长期目标是将库存维持在130-150天的水平,但目前距离这一目标还有一定距离 [94] 问题3 **Mark Lipacis 提问** 询问公司是否认为客户已经吸取了过去几年供应链紧张的教训 [138] **Ganesh Moorthy 回答** 公司认为大部分客户并未真正吸取教训,仍然存在对半导体供应缺乏理解的情况 [143][144]
Markets Up to Start the Week: PLTR, MCHP Meet Earnings
Zacks Investment Research· 2024-05-07 07:06
Monday, May 6th, 2024 Markets start the week in the green. It’s the third-straight up-day for both the S&P 500 and the Nasdaq, fourth straight for the blue-chip Dow. We’re just about back to breakeven over the past month (the Nasdaq has already gotten there), which is notable considering where we were a couple weeks ago. The Dow gathered +176 points in today’s session, while the S&P gained +1.03% and the tech-heavy Nasdaq +1.19%. The small-cap Russell 2000 performed just as well: +1.16% for the day. We’re t ...
Microchip Technology(MCHP) - 2024 Q4 - Earnings Call Presentation
2024-05-07 05:03
业绩总结 - 公司在2024财年第四季度实现了60.3%的毛利率,营收达到13.3亿美元,同比下降24.9%[9] - 公司在2024财年实现了76.3亿美元的营收,同比下降9.5%,MCU和模拟产品营收同比分别下降10.2%和15.2%,但FPGA产品营收同比增长22%[11] - 公司在2024财年第四季度实现了43.6%的运营利润率,每股收益为0.57美元[9] - 公司在2024财年实现了43.9%的运营利润率,每股收益为4.92美元,净债务与调整后EBITDA比率为1.57[11] - 公司在2024财年第四季度实现了6.8亿美元的债务偿还,调整后EBITDA占TTM营收的47.5%[9] - 公司在2024财年实现了332.92亿美元的运营利润,净债务减少4.47亿美元至约60亿美元[11] - 公司宣布2025财年第一季度每股股利为0.52美元,同比增长18%[9] - 公司在2024财年实现了25%的净现金流自由现金流率,总现金回报达到18.9亿美元,同比增长15.4%[11] 未来展望 - 公司2025财年第一季度预计营收为12.4亿美元,毛利率为28.5%,运营费用率为31.5%,每股收益为0.52美元[12] 新产品和新技术研发 - 公司提供硬件、软件和服务的总体系统解决方案组合[23] 市场扩张和并购 - 公司专注于提供智能、连接和安全解决方案,以加速客户的上市时间[21] 负面信息 - 无 其他新策略和有价值的信息 - 公司的资本回报策略包括持续减少债务、支付股息、回购股票和利用自由现金流[26] - 公司的自由现金流生成为68亿美元,目标是到2025年达到100%[26] - 公司在环境管理方面致力于减少废物、管理水资源、节约能源和减少温室气体排放[27]
Microchip Technology(MCHP) - 2024 Q4 - Annual Results
2024-05-07 04:17
EXHIBIT 99.1 NEWS RELEASE INVESTOR RELATIONS CONTACT: Sajid Daudi -- Head of Investor Relations..... (480) 792-7385 MICROCHIP TECHNOLOGY ANNOUNCES FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2024 For the quarter ended March 31, 2024 • Net sales of $1.326 billion, down 24.9% sequentially and down 40.6% from the year ago quarter. Our guidance provided on February 1, 2024 was for net sales to be down 25% sequentially. • On a GAAP basis: gross profit of 59.6%; operating income of $253.5 million and 19. ...
Microchip Technology Increases Quarterly Cash Dividend 18.0% Year-Over-Year to 45.2 Cents Per Share
Newsfilter· 2024-05-07 04:15
CHANDLER, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.2 cents per share. The dividend is payable on June 5, 2024, to stockholders of record on May 22, 2024. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend ...