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MICROCHIP TECHNOLOGY, INC.

(MCHP)
  Report
Delayed Nasdaq  -  04:00:00 2023-01-26 pm EST
78.26 USD   +2.80%
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Microchip Technology to Present at the UBS Annual Global TMT Conference

12/01/2022 | 04:16pm EST

CHANDLER, Arizona, Dec. 01, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the UBS Annual Global TMT Conference on Monday, December 5 at 10:00 a.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by UBS, and can be accessed on the Microchip website at www.microchip.com.

Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website (www.sec.gov) or from commercial document retrieval services.

Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve more than 125,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.


INVESTOR RELATIONS CONTACT:

Deborah Wussler ……… (480) 792-7373

 


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Source: Microchip Technology Inc.

2022 GlobeNewswire, Inc., source Press Releases

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Analyst Recommendations on MICROCHIP TECHNOLOGY, INC.
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Financials (USD)
Sales 2023 8 380 M - -
Net income 2023 2 277 M - -
Net Debt 2023 6 221 M - -
P/E ratio 2023 18,8x
Yield 2023 1,66%
Capitalization 41 872 M 41 872 M -
EV / Sales 2023 5,74x
EV / Sales 2024 5,62x
Nbr of Employees 21 000
Free-Float 93,2%
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Technical analysis trends MICROCHIP TECHNOLOGY, INC.
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 76,13 $
Average target price 83,00 $
Spread / Average Target 9,02%
EPS Revisions
Managers and Directors
Ganesh Moorthy President, Chief Executive Officer & Director
James Eric Bjornholt Senior VP, Chief Financial & Accounting Officer
Steve Sanghi Executive Chairman
Matthew W. Chapman Independent Director
Wade F. Meyercord Independent Director
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