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Microchip Technology Inc. Doing Nothing on the Print

Microchip Technology Inc. (NASDAQ: MCHP) is down a little over 1% in early trading following the release of its Q4 2018 earnings results before the market opened this morning. Here’s a breakdown of some key statistics from the release:MetricQ4 2018Q4 2017ChangeNet sales$1,002.3 million$902.7 million11.0%Non-GAAP net income$351.3 million$276.9 million26.9%Non-GAAP EPS – diluted$1.40$1.1620.7%