secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000866291-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000029/0000866291-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000029/algm-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000866291-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer