Micrel: Microchip Technology boasts 99th consecutive quarterly profit, record earnings per share

Microchip Technology Inc. continued its streak of profitable quarters with a 45 percent boost in income for its most recently completed quarter. Microchip (Nasdaq: MCHP), the Chandler-based provider of microcontroller, mixed signal, analog and Flash-IP solutions, reported net income of $130.7 million, or 60 cents per share, on revenue of $534 million, for the quarter that ended June 30. This compares with net income of $89.9 million, or 40 cents per share, on revenue of $528.9 million, for the...