---
schema_version: "secwatch.filing_event.v1"
accession: "0000866291-22-000029"
form_type: "8-K"
ticker: "ALGM"
cik: "0000866291"
company_name: "ALLEGRO MICROSYSTEMS, INC."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:51:51.155002+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allegro MicroSystems reports record Q1 sales $217.8M (+16% YoY); raises FY2023 growth outlook to ~20%

## Summary
- Record Q1 net sales of $217.8M (+16% YoY); automotive $149.6M (+12%), industrial $40.1M (+32%).
- GAAP diluted EPS $0.05; non-GAAP diluted EPS $0.24 (+33% YoY).
- Announced agreement to acquire Heyday Integrated Circuits (gate drivers) – financial terms not disclosed.
- Raises FY2023 revenue growth outlook to ~20% YoY; Q2 guidance: sales $220M-$230M, non-GAAP EPS $0.25-$0.27.

## SEC filing metadata
- accession: 0000866291-22-000029
- form_type: 8-K
- ticker: ALGM
- cik: 0000866291
- company_name: ALLEGRO MICROSYSTEMS, INC.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866291/000086629122000029/0000866291-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866291/000086629122000029/algm-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866291-22-000029
- JSON: https://secwatch.observer/filing/0000866291-22-000029.json
- Plain text: https://secwatch.observer/filing/0000866291-22-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.