Visit the Radiometrix web site
Click on the advert above to visit the company web site

Product category: Microprocessors, Microcontrollers and DSPs
News Release from: Microchip Technology
Edited by the Electronicstalk Editorial Team on 02 May 2007

Microchip tops the billion dollar mark

Request your FREE weekly copy of the Electronicstalk email newsletter. News about Microprocessors, Microcontrollers and DSPs and more every issue. Click here for details.

Microchip Technology has reported results for the fourth quarter and fiscal year, with net sales for the year up 12% on the previous year.

Microchip Technology has reported results for the three months and fiscal year ended 31st March 2007 Net sales for the fourth quarter of fiscal 2007 were US $258.2 million, up 2.9% sequentially from sales of $251 million in the immediately preceding quarter, and up 4.5% from sales of $247.2 million in the prior year's fourth quarter

GAAP net income for the fourth quarter of fiscal 2007 was a record $127.7 million, or 57 cents per diluted share, up 75.3% from GAAP net in