Microchip Technology Incorporated (MCHP) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to Microchip's Q4 and FY25 financial results conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star and then zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Steve Sankey, the Executive Chair, CEO, and President. Thank you, and you may proceed, sir. Thank you, operator, and good afternoon, everyone. During the course of this conference call, we will be making projections and other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements or predictions and that actual events or results may differ materially, we refer you to our press releases of today as well as our recent filing with the SEC that identify important risk factors that may impact Microchip's business and results of operations. In attendance with me today are Rich Simonsec, Microchip's COO, Eric Deonhold, Microchip's CFO, and Sajid Dowdy, Microchip's Head of Investor Relations. I will provide an update on our restructuring. Eric will go over fourth quarter fiscal year 2025 financial performance, and Rich will then review some product line updates. I will then provide an overview of the current business environment and our first quarter fiscal year 2026 guidance. We will then be available to respond to specific investor and analyst questions. Since I returned as Microchip's CEO on November 18, 2024, I have spent a significant amount of time evaluating key aspects of Microchip's business. On March 3, 2025, I provided an update on our nine-point recov...