Why Microchip Technology (MCHP) Stock Fell 5.01% in 10 Minutes After Q2 Earnings on Nov 5, 2026
Adjusted EPS of $0.97 came in above the $0.94 estimate; revenue of $1.62 billion came in above the $1.61 billion estimate.
- MCHP fell 5.01% in the 10 minutes after the 16:15:00 ET headline, from $64.85 to $61.60.
- 1.07 million shares changed hands in those 10 minutes.
- The headline crossed in after-hours trading, 15 minutes after the 4:00 ET close.
16:15:00 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| MCHP | 64.85 | 64.85 | 64.71 | 61.60 | -0.22% | -5.01% |
Microchip Technology (MCHP) shares fell 5.01% in the 10 minutes after its Q2 results reached the MoveSurge news feed at 16:15:00 ET on Thursday, November 5, 2026. Adjusted EPS of $0.97 came in above the $0.94 estimate; revenue of $1.62 billion came in above the $1.61 billion estimate.
MCHP in the first 10 minutes
The line that crossed at 16:15:00 ET: “MCHP Q2: adj. EPS 0.97 vs 0.94 est”
From a reference price of $64.85 just before the headline, the stock was down 0.22% after one minute and down 5.01%, at $61.60, after 10 minutes. The first minute was nearly flat; the move came after it. 1.07 million shares changed hands in those 10 minutes. The headline crossed in after-hours trading, 15 minutes after the 4:00 ET close.
Microchip Technology Q2 results against estimates
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Adjusted EPS | $0.97 | $0.94 | Beat |
| Revenue | $1.62 billion | $1.61 billion | Beat |
Microchip Technology Q3 guidance
| Measure | New range | Prior range | Estimate | Change |
|---|---|---|---|---|
| GAAP EPS | $0.47 to $0.50 | — | $0.56 | — |
| Adjusted EPS | $0.87 to $0.95 | — | $0.94 | — |
| Revenue | $1.57 billion to $1.64 billion | — | $1.62 billion | — |
How MCHP traded after earlier earnings releases
| Report | EPS vs estimate | Revenue vs estimate | First move |
|---|---|---|---|
| May 7, 2026 | $0.57 vs $0.50 | $1.31 billion vs $1.26 billion | not measured |
Microchip Technology at a glance
| Sector | Technology |
| Industry | Semiconductors |
| Market value | $40.91 billion (as of Nov 5, 2026) |
Prices are closes of 1-minute bars. Each move on this page is measured from the last completed bar before its headline.
How did Microchip Technology stock react to its Q2 earnings on November 5, 2026?
The stock fell 5.01% in the 10 minutes after its Q2 results crossed at 16:15:00 ET. Adjusted EPS of $0.97 came in above the $0.94 estimate; revenue of $1.62 billion came in above the $1.61 billion estimate.
How far did MCHP move after the headline?
From $64.85 just before the headline to $61.60 10 minutes later, a -5.01% move.
What did Microchip Technology guide for GAAP EPS?
GAAP EPS guidance of $0.47 to $0.50; the estimate was $0.56.
Sources
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MCHP headline and measured reaction, Nov 5, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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