Technology

Microchip Technology (NASDAQ:MCHP) Fiscal Q1 Non-GAAP Earnings, Sales Increase; Issues Q2 Outlook

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Microchip Technology (NASDAQ:MCHP) reported fiscal Q1 non-GAAP earnings  of $1.64 per diluted share, up from $1.37 a year earlier. Analysts polled by Capital IQ expected $1.64. Net sales for the quarter ended June 30 were $2.29 billion, up from $1.96 billion a year earlier. Analysts surveyed by Capital IQ expected $2.29 billion. The company said it expects fiscal Q2 non-GAAP diluted EPS between $1.60 and $1.64 and revenue between $2.22 billion and $2.31 billion. Analysts polled by Capital IQ expect normalized EPS of $1.62 and $2.28 billion in revenue.

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Apple (NASDAQ:AAPL) Q3 EPS Gains, Revenue Drops; Retains Quarterly Dividend of $0.24/Share

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Apple (NASDAQ:AAPL)  reported Q3 earnings per diluted share of $1.26, up from $1.20 last year. Analysts surveyed by Capital IQ expected an EPS of $1.19. Revenue for the quarter ended July 1 was $81.80 billion, down from $82.96 billion a year ago. Analysts polled by Capital IQ expected $81.80 billion. The company retained a quarterly dividend of $0.24 a share, payable Aug. 17 to stockholders of record Aug. 14.

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Apple, Inc. (NASDAQ:AAPL) Q3 2023 Earnings Call Transcript

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Apple, Inc. (NASDAQ:AAPL) Company Management Luca Maestri – CFO & SVP Saori Casey – VP, Finance Timothy Cook – CEO & Director Analysts Aaron Rakers – Wells Fargo Securities Amit Daryanani – Evercore ISI David Vogt – UBS Erik Woodring – Morgan Stanley Harsh Kumar – Piper Sandler & Co. Krish Sankar – TD Cowen Michael Ng – Goldman Sachs Group Shannon Cross – Crédit Suisse Sidney Ho – Deutsche Bank Wamsi Mohan – Bank of America Merrill Lynch Operator We will go ahead and take our first question from Shannon Cross with Credit Suisse. Shannon Cross Tim, you mentioned — and actually, Luca, too. You mentioned an uneven macro environment during the quarter several times on the call. I’m wondering if you can talk on a geographic basis about some of the trends you’re seeing in iPhone. I’m specifically wondering how demand is trending within… Luca Maestri Okay. Well,

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Unity Software (NYSE:U) Q2 Loss Narrows, Revenue Gains

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Unity Software (NYSE:U) reported a Q2 net loss per share of $0.51, narrowing from a $0.69 loss a share last year. Analysts polled by Capital IQ expected a loss of $0.62 a share. Revenue for the quarter ended June 30 was $533.5 million, up from $297 million a year ago. Analysts surveyed by Capital IQ expected $517.4 million. As of June 30, 2023, $1 billion remains available for future share repurchases under the $2.5 billion share buyback program authorized in July last year.

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