Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.69 by 10.14 percent. This is a 181.48 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $1.485 billion which beat the analyst consensus estimate of $1.458 billion by 1.83 percent. This is a 38.08 percent increase over sales of $1.075 billion the same period last year.