Microchip Technology Now Expect Our December 2024 Revenue To Be Close To The Low End Of Original Guidance Which Is $1.025B
Microchip Technology Now Expect Our December 2024 Revenue To Be Close To The Low End Of Original Guidance Which Is $1.025B
"In the first two weeks of my newly appointed role as Interim CEO and President, I have done a deep dive into the operations of the Company and determined that certain actions are necessary. I want to clarify for investors that I plan to stay in this role, even though the title is interim, for as long as it is necessary, so there is no definitive timeline for my successor," said Steve Sanghi, Microchip's CEO, President and Chair of the Board. Mr. Sanghi continued, "We indicated in our November 2, 2024 earnings call that significant turns orders were required to achieve the midpoint of our December 2024 quarter revenue guidance. Those turns orders have been slower than anticipated and we now expect our December 2024 revenue to be close to the low end of our original guidance which is $1.025 billion."
"在我新任代理首席执行官兼总裁的前两周，我深入了解了公司的运作，并确定某些行动是必要的。我想向投资者澄清，尽管这个头衔是代理的，我计划在这个角色上待到必要为止，因此我的继任者没有确定的时间表，"微芯科技首席执行官、总裁及董事会主席Steve Sanghi表示。Sanghi先生继续说道，"我们在2024年11月2日的业绩会上指出，实现我们2024年12月季度营业收入指引中点需要大量转单。这些转单比预期要慢，我们现在预计我们2024年12月的营业收入将接近我们原始指引的低端，即10.25亿美元。"
