Introducing Microchip 2.0
Steve Sanghi, CEO Eric Bjornholt, CFO
Business UpdateNet sales for Q1FY18 expected to be +4.5% to +6% sequentially (previous guidance +2% to +7%).
Non GAAP EPS for Q1FY18 expected to be between $1.22 to $1.26 per share (previous guidance $1.17 to $1.27 per share).
Business conditions continue to be very strong. Backlog is strong. Lead times stretching out.
Significant capacity challenges to persist for up to one year before
lead times are normal.
Long-term updated non-GAAP financial model is now 62.5% gross margin, 22.5% operating expenses and 40% operating profit.
Introducing Microchip 2.0- Total system solutions- Smart,
connected and Secure.
MICROCHIP 1.0- Consistent growth
- Perennial market share gains
- High margin business model
- Shareholder friendly with consistently increasing dividends and free cash flow
- Successful M&A strategy
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106 consecutive quarters of profitability!MCU Analog Memory Licensing MMO
FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Microchip Technology Incorporated published this content on 06 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 June 2017 15:08:18 UTC.
Original documenthttps://www.microchip.com/investor/Pressrelease/Investor Presentation June 2017.060617.pdf
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