secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000866291-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegro Q2 FY2023: record sales $237.7M, EPS $0.26 GAAP / $0.31 non-GAAP; guides Q3 $240-250M
--------------------------------------------------------------------------------

- Net sales record $237.7M, +23% YoY; GAAP EPS $0.26, non-GAAP $0.31.
- Automotive sales record $157.4M (+25% YoY); E-Mobility (xEV/ADAS) hit 41% of auto sales.
- Industrial sales record $48.2M (+33% YoY); all-time high.
- Q3 (Dec 2022) guidance: sales $240-250M, non-GAAP gross margin ~56%, non-GAAP EPS $0.31-0.33.
- Acquired Heyday Integrated Circuits, a leader in highly integrated gate drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000050/0000866291-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000050/algm-20221027.htm
  HTML page:      https://secwatch.observer/filing/0000866291-22-000050

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