Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Microchip Earnings Fall Short of Forecast
Apr 8, 2003
 Printable format
 Email this Article
 Search
Microchip Technology announced Monday that net sales and earnings per share for the fourth quarter of fiscal 2003 are expected to be lower than estimated. Net sales for the microcontroller and analog semiconductor manufacturer are now expected to be U.S. $159-$160 million. Earnings per share are expected to be approximately $.16, up 28 percent from the fourth quarter of fiscal year 2002. Microchip attributes the lower than expected findings to a drop off in business ascribed to the war in Iraq. According to Steve Sanghi, president and CEO of Microchip, the spread of SARS in Asia has also affected the purchasing decisions of some of Microchip’s customers.

Back to Daily News

 

Daily News

...........................................................

Aug 14, 2014: Electrolux In Talks to Acquire GE Appliances

Aug 14, 2014: June U.S. Cutting Tool Consumption Strongest of 2014

Aug 13, 2014: Manufacturing Technology Orders Up in June

Aug 13, 2014: Toshiba Appliance/Electronics Segment reports Higher 1Q Sales

Aug 12, 2014: Fagor Operations in Spain to Restart Under New Owner CNA

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows