Microchip Tech Files 8-K on Operations & Financials
Ticker: MCHPP · Form: 8-K · Filed: Jan 8, 2024 · CIK: 827054
| Field | Detail |
|---|---|
| Company | Microchip Technology Inc (MCHPP) |
| Form Type | 8-K |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, semiconductors
TL;DR
**MCHP just dropped an 8-K with new financial results, time to check the numbers!**
AI Summary
Microchip Technology Inc. filed an 8-K on January 8, 2024, to report on its results of operations and financial condition, as well as to include financial statements and exhibits. This filing, under SEC File Number 000-21184, indicates that the company is providing updated financial information to the public. For investors, this matters because it signals that new financial data is available, which could influence their perception of the company's performance and future prospects, potentially affecting the stock price (MCHP).
Why It Matters
This filing indicates that Microchip Technology Inc. is releasing new financial information, which is crucial for investors to assess the company's health and make informed decisions about their MCHP stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not an announcement of a major adverse event.
Analyst Insight
A smart investor would review the full financial statements and exhibits once they become available to understand the specific details of Microchip Technology Inc.'s operational and financial performance, rather than just reacting to the filing itself.
Key Numbers
- 000-21184 — SEC File Number (identifies Microchip Technology Inc.'s registration with the SEC)
- 86-0629024 — IRS Employer Identification No. (identifies Microchip Technology Inc. for tax purposes)
- 480-792-7200 — Registrant's Telephone Number (contact number for Microchip Technology Inc.)
Key Players & Entities
- MICROCHIP TECHNOLOGY INCORPORATED (company) — the registrant filing the 8-K
- January 8, 2024 (date) — date of earliest event reported and filing date
- 000-21184 (dollar_amount) — Commission File No. for Microchip Technology Inc.
- MCHP (company) — trading symbol for Microchip Technology Inc. Common Stock
- NASDAQ Stock Market LLC (company) — exchange where MCHP Common Stock is registered
FAQ
What is the purpose of this 8-K filing by Microchip Technology Inc.?
This 8-K filing, dated January 8, 2024, is intended to report on the company's 'Results of Operations and Financial Condition' and to include 'Financial Statements and Exhibits' as per the Item Information section.
When was the earliest event reported in this 8-K filing?
The 'Date of Report (Date of earliest event reported)' for this filing is January 8, 2024.
What is the trading symbol and exchange for Microchip Technology Inc.'s Common Stock?
The 'Trading Symbol' for Microchip Technology Inc.'s Common Stock is MCHP, and it is registered on the 'NASDAQ Stock Market LLC (Nasdaq Global Select Market)'.
What is the principal executive office address for Microchip Technology Inc.?
The 'Address Of Principal Executive Offices' for Microchip Technology Inc. is 2355 West Chandler Boulevard, Chandler, Arizona 85224-6199.
Is Microchip Technology Inc. considered an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that Microchip Technology Inc. is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 496 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-01-08 16:13:24
Key Financial Figures
- $0.001 — hange on Which Registered Common Stock $0.001 par value per share MCHP NASDAQ Stock M
Filing Documents
- mchp-20240108.htm (8-K) — 29KB
- ex-991.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 7KB
- mchp-20240108_g1.jpg (GRAPHIC) — 32KB
- 0000827054-24-000010.txt ( ) — 247KB
- mchp-20240108.xsd (EX-101.SCH) — 2KB
- mchp-20240108_lab.xml (EX-101.LAB) — 24KB
- mchp-20240108_pre.xml (EX-101.PRE) — 12KB
- mchp-20240108_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition The information pursuant to Item 2.02 in this report on Form 8-K is being furnished as contemplated by General Instruction B(2) to Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. On January 8, 2024, we announced our preliminary revenue results for the third quarter of fiscal year 2024 ended December 31, 2023. The complete release is attached to this report as Exhibit 99.1.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits Incorporated by Reference Exhibit Number Exhibit Description Form File Number Exhibit Filing Date Included Herewith 99.1 Microchip Technology Provides Preliminary Fiscal Third Quarter Revenue Results and Announces Earnings Release Date X 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) X
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MICROCHIP TECHNOLOGY INCORPORATED Date: January 8, 2024 By: /s/ J. Eric Bjornholt J. Eric Bjornholt Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)