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Microchip Technology Announces Financial Results For Fourth Quarter an...
Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2024 For the quarter ended March 31, 2024 Net sales of $1.326 billion, down 24.9% sequentially and down 40.6% from the year ago quarter. Our guidance provided on February 1, 2024 was for net sales to be down 25% sequentially.On a GAAP basis: gross profit of 59.6%; operating income of $253.5 million and 19.1% of net sales; net income of $154.7 million; and EPS of $0.28 per diluted share. Our guidance provided on February 1, 2024 was for GAAP EPS of $0.13 to $0.32 per diluted share. On a Non-GAAP basis: gro...
Microchip Technology Increases Quarterly Cash Dividend 18.0% Year-Over...
Microchip Technology Increases Quarterly Cash Dividend 18.0% Year-Over-Year to 45.2 Cents Per Share CHANDLER, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.2 cents per share. The dividend is payable on June 5, 2024, to stockholders of record on May 22, 2024. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has incr...
OPKO Health to Report First Quarter 2024 Financial Results on May 7, 2...
OPKO Health to Report First Quarter 2024 Financial Results on May 7, 2024 MIAMI, May 03, 2024 (GLOBE NEWSWIRE) -- OPKO Health, Inc. (NASDAQ: OPK) plans to report operating and financial results for the three months ended March 31, 2024 after the close of the U.S. financial markets on Tuesday, May 7, 2024. OPKO’s senior management will provide a business update and discuss results as well as financial guidance during a conference call and live audio webcast on May 7th beginning at 4:30 p.m. Eastern time. CONFERENCE CALL & WEBCAST INFORMATION OPKO encourages participants to pre-register f...
Registration is Now Open for Microchip’s 24th Annual Worldwide MASTERs...
Registration is Now Open for Microchip’s 24th Annual Worldwide MASTERs Conference in Scottsdale, Arizona Taking place from August 12–14, MASTERs offers over 60 technical sessions and features a keynote by Microchip’s President and CEO Ganesh Moorthy CHANDLER, Ariz., May 02, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announces that registration is now open for its signature Worldwide MASTERs Conference, the premier technical training event for embedded control engineers. The returns to an in-person format and will take place at the Fairmont Scottsdale Princess in...
Granite Reports First Quarter 2024 Results
WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended March 31, 2024. First Quarter 2024 Results Net loss attributable to Granite Construction Incorporated totaled $31 million, or $(0.70) per diluted share, compared to net loss attributable to Granite Construction Incorporated of $23 million, or $(0.53) per diluted share, for the same period in the prior year. Adjusted net loss attributable to Granite Construction Incorporated (1) totaled $9 million, or $(0.21) per diluted share, compared to adjusted net loss attr...
Granite Publishes Annual Sustainability Report
WATSONVILLE, Calif.--(BUSINESS WIRE)-- On May 1, 2024 (NYSE:GVA) published its , highlighting the company’s efforts to create enduring value through social responsibility, environmental stewardship, and dependable governance. “At Granite, our mission is to provide infrastructure solutions that support more prosperous and resilient communities,” said Granite President and Chief Executive Officer Kyle Larkin. “We don’t just recognize our responsibility to contribute to a more sustainable future—we embrace sustainability as a core value, a key component of our business strategy, and a value driv...
Radiation-Tolerant PolarFire® SoC FPGAs Offer Low Power, Zero Configur...
Radiation-Tolerant PolarFire® SoC FPGAs Offer Low Power, Zero Configuration Upsets, RISC-V Architecture for Space Applications Along with Microchip’s Mi-V ecosystem, new device family helps system designers to lower power, size and weight and speed time to market CHANDLER, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Developers of spacecraft electronics utilize radiation-tolerant (RT) field programmable gate arrays (FPGAs) to ensure high performance, reliability, power-efficiency and the best-in-class security for emerging space domain threats. To take it a step further and help provide fast...
Granite to Help Construct Major Enhancements to I-405/Brickyard to SR ...
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) has been awarded a subcontract worth approximately $31 million by prime contractor Skanska USA, to work on Washington State Department of Transportation (WSDOT) and Sound Transit’s highway project to provide roadway improvements along a four-and-a-half-mile corridor on Interstate 405 (I-405) in Bothell, WA. The project will be included in Granite’s first-quarter CAP. Key features of the project include increased express toll lane (ETL) capacity, direct access to state highways, and enhanced regional transit service connections. The project a...
Easily Incorporate Embedded Security Using Microchip’s PIC32CK 32-bit ...
Easily Incorporate Embedded Security Using Microchip’s PIC32CK 32-bit Microcontrollers with Hardware Security Module The new family of mid-range MCUs provides designers with a higher level of security and flexibility CHANDLER, Ariz., April 29, 2024 (GLOBE NEWSWIRE) -- New legislation takes effect in 2024, mandating stricter requirements on cybersecurity on everything from consumer IoT devices to critical infrastructure. Meeting these new security compliance requirements from a product and supply chain perspective can be complex, costly and time-consuming. To provide developers with an e...
Kearny Financial Corp. Announces Third Quarter Fiscal 2024 Results and...
Kearny Financial Corp. Announces Third Quarter Fiscal 2024 Results and Declaration of Cash Dividend FAIRFIELD, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2024 of $7.4 million, or $0.12 per diluted share, compared to a net loss of $13.8 million, or $0.22 per diluted share, for the quarter ended December 31, 2023. The net loss for the quarter ended December 31, 2023 was impacted by various non-recurring items, as previously disclosed. ...
maXTouch® Touchscreen Controller Family Expands with Additional Securi...
maXTouch® Touchscreen Controller Family Expands with Additional Security Features for Touchscreen Payment Systems Microchip’s ATMXT2952TD 2.0 family of touch controllers offer cryptographic authentication and data encryption CHANDLER, Ariz., April 25, 2024 (GLOBE NEWSWIRE) -- As we see an increased number of electric vehicles (EVs) on the road, the necessary charging infrastructure must expand to meet the increased demand. Adding credit card payment options to EV chargers is becoming a standard practice in many countries—and is a mandate in the European Union—and chargers need to meet P...
Granite VP Joins NAPA Advisory Council
WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) announced today that District Vice President Ian Firth has been appointed to the National Asphalt Pavement Association’s (NAPA) Advisory Council West Region as an at large member. NAPA is the only national trade association representing the asphalt industry and works to advance the asphalt pavement industry through leadership, training, and advocacy. This includes supporting member companies on issues including engineering, health and safety, workforce development, and more. The Advisory Council is charged with enhancing advocacy for ...
Integrated Actuation Power Solution Aims to Simplify Aviation Industry...
Integrated Actuation Power Solution Aims to Simplify Aviation Industry’s Transition to More Electric Aircraft Microchip introduces configurable family of companion driver boards using its Hybrid Power Drive modules available in silicon carbide (SiC) or silicon (Si) technology CHANDLER, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- The aviation industry’s requirements for the latest, most efficient and lowest-emission aircraft is propelled by an overarching goal towards sustainability and decarbonization. To satisfy these goals, aviation power systems developers are transitioning to electric...
Microchip Technology Acquires Neuronix AI Labs
Microchip Technology Acquires Neuronix AI Labs Innovative technology enhances AI-enabled intelligent edge solutions and increases neural networking capabilities CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks such as image classification, object detection ...
Granite Announces Timing of Earnings Release and Investor Conference C...
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE: GVA) will release financial results for the quarter ended March 31, 2024, before market opens on Thursday, May 2, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 2, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, . The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite’s Investor Relations websit...
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Granite Construction Honored as a 2024 VETS Indexes 4-Star Employer
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA), has been recognized as a 4-Star Employer in the 2024 VETS Indexes Employer Awards in just its second year as a participant. This award acknowledges the company’s dedication to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. “Granite has shown a commitment to recruiting veteran and military-connected employees, and then fostering their growth and development into leaders,” said George Altman, managing director of VETS Indexes. “At Granite, we are immensely proud of our unwavering com...
Microchip Acquires ADAS and Digital Cockpit Connectivity Pioneer VSI C...
Microchip Acquires ADAS and Digital Cockpit Connectivity Pioneer VSI Co. Ltd. to Extend Automotive Networking Market Leadership Acquisition adds ASA Motion Link technology to Microchip’s broad Ethernet and PCIe® automotive networking portfolio to enable next-generation software-defined vehicles CHANDLER, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announces the completed acquisition of Seoul, Korea-based VSI Co. Ltd., an industry pioneer in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products bas...
Microchip Brings Enhanced Code Protection and up to 15W of Power Deliv...
Microchip Brings Enhanced Code Protection and up to 15W of Power Delivery to its USB Microcontroller Portfolio AVR® DU Family enables embedded designers to easily implement USB functionality into a wider range of systems CHANDLER, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- The well-known advantages of a Universal Serial Bus (USB) interface for embedded designs include its compatibility with various devices, streamlined communication protocol, in-field updatability and power delivery capabilities. To help easily incorporate this functionality into embedded systems, Microchip Technology (N...
Microchip Technology Expands Partnership with TSMC to Strengthen Semic...
Microchip Technology Expands Partnership with TSMC to Strengthen Semiconductor Manufacturing Capacity As part of a larger company initiative to increase supply chain resiliency, this initiative will focus on specialized 40nm processes for Microchip CHANDLER, Ariz., April 08, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) announced it has expanded its partnership with TSMC, the world’s leading semiconductor foundry, to enable a specialized 40 nm manufacturing capacity at Japan Advanced Semiconductor Manufacturing, Inc. (JASM), TSMC’s majority-owned manufacturing subsidiary...
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