Harlan Sur
JPMorgan Chase & Co, Research Division

All right. Good morning, and again, welcome to JPMorgan's 54th Annual Technology Media Communications Conference. My name is Harlan Sur. I'm the semiconductor analyst here for the firm.

Very pleased to have Eric Bjornholt, Chief Financial Officer of Microchip here with us today. We also have Sajid Daudi, who's Head of IR. Microchip top 5 microcontroller supplier globally, #1 market share in industrial market MCUs. 60% of the MCU portfolio is advanced 32-bit in higher architectures, solid analog power management portfolio, #3 market share leader in FPGAs.

It's been our busy earnings season, so I've asked Eric to start us off with a summary of the March quarter, June quarter outlook, an update on the 9-point recovery plan that Steve laid out in March of last year, and then we can go ahead and kick off the Q&A. So gentlemen, thank you for joining us this morning. And Eric, I will turn it over to you.

J. Bjornholt
Senior Corporate Vice President & CFO

All right. Hey everybody. Thanks, Harlan. Appreciate the introduction. So during the course of this discussion, we will be making certain future forward-looking statements about the financial performance of Microchip, and I refer you to our filings with the SEC that identify important risk factors about the company. So a quick summary of our March quarter results. It was fiscal '26, which ended in March was a very good year for Microchip. March of '25 to March of '26, the company was up 35% in revenue our EPS went from $0.11 to $0.57 on a