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Microchip Technology Incorporated  (MCHP)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

MCHP's Income from Cont. Operations Growth by Quarter and Year

Microchip Technology Incorporated's Income from Cont. Operations results by quarter and year




MCHP Income from Cont. Operations (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter March - 604.00 437.90 116.00
III Quarter December 419.20 580.30 352.80 36.20
II Quarter September 666.60 546.20 242.00 73.60
I Quarter June 666.40 507.20 252.80 123.60
FY   1,752.20 2,237.70 1,285.50 349.40



MCHP Income from Cont. Operations third quarter 2024 Y/Y Growth Comment
Microchip Technology Incorporated reported fall in Income from Cont. Operations in the third quarter 2024 by -27.76% to $ 419.20 millions, from the same quarter in 2023.
The drop in the third quarter 2024 Microchip Technology Incorporated's Income from Cont. Operations compares unfavorably to the Company's average Income from Cont. Operations jump of 75.64%.

Looking into third quarter 2024 results within Semiconductors industry 2 other companies have achieved higher Income from Cont. Operations growth. While Microchip Technology Incorporated' s Income from Cont. Operations drop of -27.76% ranks overall at the positon no. 61 in the third quarter 2024.




MCHP Income from Cont. Operations ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter March - 37.93 % 277.5 % 16.12 %
III Quarter December -27.76 % 64.48 % 874.59 % -88.36 %
II Quarter September 22.04 % 125.7 % 228.8 % -32.42 %
I Quarter June 31.39 % 100.63 % 104.53 % 143.79 %
FY   - 74.07 % 267.92 % -38.77 %

Financial Statements
Microchip Technology Incorporated's third quarter 2024 Income from Cont. Operations $ 419.20 millions MCHP's Income Statement
Microchip Technology Incorporated's third quarter 2023 Income from Cont. Operations $ 580.30 millions Quarterly MCHP's Income Statement
New: More MCHP's historic Income from Cont. Operations Growth >>


MCHP Income from Cont. Operations (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter March - 4.08 % 24.12 % 220.44 %
III Quarter December -37.11 % 6.24 % 45.79 % -50.82 %
II Quarter September 0.03 % 7.69 % -4.27 % -40.45 %
I Quarter June 10.33 % 15.83 % 117.93 % 23.72 %
FY (Year on Year)   - 74.07 % 267.92 % -38.77 %




Income from Cont. Operations third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry #3
Technology Sector #13
Overall #61

Income from Cont. Operations Y/Y Growth Statistics
High Average Low
1286.63 % 75.64 % -95.42 %
(Sep 30 2019)   (Sep 30 2018)
Income from Cont. Operations third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry #3
Technology Sector #13
Overall #61
Income from Cont. Operations Y/Y Growth Statistics
High Average Low
1286.63 % 75.64 % -95.42 %
(Sep 30 2019)   (Sep 30 2018)

Income from Cont. Operations by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Microchip Technology Incorporated's Q/Q Income from Cont. Operations Growth


Income from Cont. Operations Q/Q Growth Statistics
High Average Low
486.75 % 26.33 % -75.67 %
(March 31, 2013)  


MCHP's III. Quarter Q/Q Income from Cont. Operations Comment
In the III. Quarter 2024 Microchip Technology Incorporated reported fall in Income from Cont. Operations sequentially by -37.11% to $ 419.20 millions, from $ 666.60 millions achived in the previous reporting period.

Although periodic factors normally energize III. Quarter 2024 results, this clearly has not been enough to recover MCHP's III. Quarter 2024 outcome, Holly  V. Surname, market expert located in London pointed out and continued that average sequential Income from Cont. Operations growth is at 26.33% for the Semiconductors's company.

Within Semiconductors industry 9 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While Microchip Technology Incorporated's Income from Cont. Operations growth quarter on quarter, overall rank is 136.


Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Semiconductors Industry #10
Technology Sector #31
Overall #136
Income from Cont. Operations Q/Q Growth Company Ranking
Within: No.
Semiconductors Industry #10
Technology Sector #31
Overall #136
Income from Cont. Operations Q/Q Growth Statistics
High Average Low
486.75 % 26.33 % -75.67 %
(March 31, 2013)  


MCHP's III. Quarter Q/Q Income from Cont. Operations Comment
In the III. Quarter 2024 Microchip Technology Incorporated disclosed fall in Income from Cont. Operations from the previous quarter by -37.11% to $ 419.20 millions, from $ 666.60 millions released in the previous quarter.

Albeit periodic circumstance normally energize III. Quarter 2024 Income from Cont. Operations, this clearly has not been enough to salvage Microchip Technology Incorporated's achievement, Holly  V. Surname, market expert located in London wrote and continued that average sequential Income from Cont. Operations growth is at 26.33% for Microchip Technology Incorporated.

Within Semiconductors industry 9 other companies have achieved higher Income from Cont. Operations quarter on quarter growth. While Microchip Technology Incorporated's Income from Cont. Operations growth quarter on quarter, overall rank is 136.


Microchip Technology Incorporated's 12 Months Income from Cont. Operations Growth Year on Year


Income from Cont. Operations TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Income from Cont. Operations 12 Months Ending $ 2,356.20 $ 2,517.30 $ 2,396.90 $ 2,237.70 $ 2,071.60
Y / Y Income from Cont. Operations Growth (TTM) 13.74 % 36.51 % 55.65 % 74.07 % 114.99 %
Year on Year Income from Cont. Operations Growth Overall Ranking # 18 # 65 # 64 # 113 # 121
Seqeuential Income from Cont. Operations Change (TTM) -6.4 % 5.02 % 7.11 % 8.02 % 12.34 %
Seq. Income from Cont. Operations Growth (TTM) Overall Ranking # 61 # 648 # 448 # 598 # 345




Cumulative Income from Cont. Operations growth Comment
With the quarterly Income from Cont. Operations reported in the Dec 31 2023 period, Microchip Technology Incorporated's cumulative twelve months Income from Cont. Operations were $ 2,356 millions, company would post below average annual Income from Cont. Operations growth of 12.34% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Microchip Technology Incorporated's Income from Cont. Operations growth from the 666.6% growth in Sep 30 2023.

Microchip Technology Incorporated achieved highest trailing twelve month year on year Income from Cont. Operations growth. While Total ranking has impoved so far to 18, from total ranking in previous quarter at 65.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
1286.63 %
75.64 %
-95.42 %
 

Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry # 3
Technology Sector # 1
Overall # 18

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
1286.63 %
75.64 %
-95.42 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 13
S&P 500 # 61
Cumulative Income from Cont. Operations growth Comment
With the quarterly Income from Cont. Operations reported in the Dec 31 2023 period, Microchip Technology Incorporated's cumulative twelve months Income from Cont. Operations were $ 2,356 millions, company would post below average annual Income from Cont. Operations growth of -95.42% year on year, if the fiscal year would end at Dec 31 2023.
A slow-down in the Microchip Technology Incorporated's Income from Cont. Operations growth from the 666.6% growth in Sep 30 2023.

Microchip Technology Incorporated achieved highest trailing twelve month year on year Income from Cont. Operations growth. While Total ranking has impoved so far to 18, from total ranking in previous quarter at 65.

Income from Cont. Operations TTM Q/Q Growth Statistics
High Average Low
1286.63 %
75.64 %
-95.42 %
 


Income from Cont. Operations TTM Y/Y Growth Company Ranking
Within: No.
Semiconductors Industry # 3
Technology Sector # 1
Overall # 18

Income from Cont. Operations TTM Y/Y Growth Statistics
High Average Low
1286.63 %
75.64 %
-95.42 %
 


Income from Cont. Operations TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 13
S&P 500 # 61




Other Income from Cont. Operations Growth
Semiconductors Industry Income from Cont. Operations Growth Trends and Statistics
Technology Sector Income from Cont. Operations Growth Statistics
Income from Cont. Operations Growth Trends for overall market
MCHP's Income from Cont. Operations Growth Ratio versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Income from Cont. Operations Growth
Lowest Ranking Income from Cont. Operations Growth
Income from Cont. Operations Growth for MCHP's Competitors
Income from Cont. Operations Growth for Microchip Technology Incorporated's Suppliers
Income from Cont. Operations Growth for MCHP's Customers

You may also want to know
MCHP's Annual Growth Rates MCHP's Profitability Ratios MCHP's Asset Turnover Ratio MCHP's Dividend Growth
MCHP's Roe MCHP's Valuation Ratios MCHP's Financial Strength Ratios MCHP's Dividend Payout Ratio
MCHP's Roa MCHP's Inventory Turnover Ratio MCHP's Growth Rates MCHP's Dividend Comparisons



Companies with similar Income from Cont. Operations fall for the quarter ending Dec 31 2023 within Technology SectorY/Y Change %Income from Cont. Operations for the quarter ending Dec 31 2023
Fortinet Inc -0.92%$ -0.924 millions
Nve Corp-1.11%$ -1.108 millions
Amdocs Limited-1.19%$ -1.190 millions
Camtek Ltd -1.65%$ -1.647 millions
Flex Ltd -1.69%$ -1.688 millions
Mind Cti Ltd-2.27%$ -2.270 millions
Nova Ltd -2.78%$ -2.784 millions
Caci International Inc-3.71%$ -3.709 millions
Nxp Semiconductors N v -4.22%$ -4.223 millions
On Semiconductor Corporation-6.77%$ -6.768 millions
Perficient Inc -12.41%$ -12.412 millions
Gen Digital Inc -12.73%$ -12.727 millions
Wipro Limited-14.21%$ -14.206 millions
Advanced Energy Industries Inc-16.44%$ -16.438 millions
Premier Inc -17.88%$ -17.877 millions
Kaltura Inc -18.35%$ -18.350 millions
Gartner Inc -18.76%$ -18.762 millions
Immersion Corporation-18.84%$ -18.841 millions
Kimball Electronics Inc -22.67%$ -22.668 millions
Skyworks Solutions Inc -25.24%$ -25.242 millions
Trimble Inc -26.40%$ -26.402 millions
Ubiquiti Inc -26.82%$ -26.816 millions
Amkor Technology Inc -27.38%$ -27.382 millions
Microchip Technology Incorporated-27.76%$ -27.762 millions
Electro Sensors Inc-28.04%$ -28.044 millions
Vishay Intertechnology Inc -29.03%$ -29.026 millions
Texas Instruments Incorporated-30.12%$ -30.122 millions
Plexus Corp -30.75%$ -30.754 millions
Dropbox Inc -30.76%$ -30.765 millions
Juniper Networks Inc -31.10%$ -31.098 millions




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