Allegro Q1 record sales $278M (+28% YoY); GAAP EPS $0.31 (+520% YoY)

ALLEGRO MICROSYSTEMS, INC.

2024-Q1 EPS reported $0.31 revenue$278,293,000

Net sales record $278.3M, up 28% YoY; trailing twelve-month sales exceed $1B.
GAAP diluted EPS $0.31 vs $0.05 YoY; non-GAAP diluted EPS $0.39 (+63% YoY).
Strategic growth areas (e-Mobility, Clean Energy, Automation) sales $159M, up 63% YoY, 57% of total.
Automotive sales $189.7M (+26.8% YoY); Industrial sales $68.2M (+69.9% YoY).
Gross margin 56.8% (flat Q/Q); operating margin 25.4%, up from 6.8% YoY.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ALLEGRO MICROSYSTEMS, INC. reported financial results for first quarter which ended June 30, 2023.

Period: first quarter which ended June 30, 2023
Result: reported results

Exact text from the filing

On August 1, 2023, Allegro MicroSystems, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2023.

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ALLEGRO MICROSYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0000866291-23-000043

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