Microchip’s results for the quarter were solid and the company’s revenue increased by 6.5% sequentially and 25.1% annually to $1.96 billion surpassing Wall Street expectations. It is worth highlighting that the company delivered an all-around beat despite dealing with many COVID-related operational issues throughout the quarter, including but not limited to the Shanghai shutdowns that impacted its clients and supply chain partners. The management has signed into multiyear long-term supply agreem ....
02 Sep 2022
Microchip Technology: Excellent Base of Intangibles & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
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Microchip Technology: Excellent Base of Intangibles & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (09/22)
- Published:
02 Sep 2022 -
Author:
Ishan Majumdar -
Pages:
26
Microchip’s results for the quarter were solid and the company’s revenue increased by 6.5% sequentially and 25.1% annually to $1.96 billion surpassing Wall Street expectations. It is worth highlighting that the company delivered an all-around beat despite dealing with many COVID-related operational issues throughout the quarter, including but not limited to the Shanghai shutdowns that impacted its clients and supply chain partners. The management has signed into multiyear long-term supply agreem ....