05:53 PM EDT, 08/07/2025 (MT Newswires) -- Microchip Technology ( MCHP ) reported fiscal Q1 adjusted earnings late Thursday of $0.27 per diluted share, down from $0.53 a year earlier.

Analysts polled by FactSet expected $0.24.

Revenue for the quarter ended June 30 was $1.08 billion, down from $1.24 billion a year earlier.

Analysts surveyed by FactSet expected $1.06 billion.

The company guided for Q2 adjusted EPS of $0.30 to $0.36 versus FactSet estimate of $0.31. Revenue of $1.11 billion to $1.15 billion versus FactSet estimate of $1.13 billion.

The company maintained its quarterly dividend at $0.455 per share, payable Sept. 5 to holders of record Aug. 22.

Shares were down 6.4% during after-hours trading.