Microchip Technology Non-GAAP EPS of $1.35 beats by $0.10, revenue of $1.84B beats by $20M
Microchip Technology press release  (NASDAQ:MCHP): Q4  Non-GAAP EPS of $1.35  beats by $0.10.
Revenue of $1.84B (+25.2% Y/Y)  beats by $20M.
Non-GAAP gross margin of 66.6%
Adjusted operating income of $824.9M
Shares +2%.

Q1 2023 Guidance: Net Sales betweenÂ $1.918 to $1.992 billion vs. consensus of $1.86B;Â Non-GAAP gross margin ofÂ 66.8% to 67.2%; GAAP EPS betweenÂ $0.85 to $0.86;Â andÂ Non-GAAP EPS to be in the range ofÂ $1.32 to $1.36Â vs. consensus of $1.28.
"At the mid-point of our guidance for the June quarter, net sales will be 24.6% higher than the year ago quarter," company statement.