Microchip Technology Inc. shares fell in the extended session Thursday after the computer components maker reported a slight beat on earnings and its outlook...
Microchip Technology Inc.
shares fell in the extended session Thursday after the computer components maker reported a slight beat on earnings and its outlook was in-line with Street expectations. Microchip shares dropped 10% after hours, following a 1.5% decline in the regular session to close at $458.93. The company reported fourth-quarter net income of $604 million, or $1.09 a share, compared with $437.9 million, or 77 cents a share, in the year-ago period.
shares fell in the extended session Thursday after the computer components maker reported a slight beat on earnings and its outlook was in-line with Street expectations. Microchip shares dropped 10% after hours, following a 1.5% decline in the regular session to close at $458.93. The company reported fourth-quarter net income of $604 million, or $1.09 a share, compared with $437.9 million, or 77 cents a share, in the year-ago period.
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