secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000866291-23-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000086629123000043/0000866291-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000086629123000043/algm-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000866291-23-000043

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