Allegro Q2 net sales $276M (+16% YoY); auto up 31%, e-mobility milestone

ALLEGRO MICROSYSTEMS, INC.

2024-Q2 EPS reported $0.65 revenue$553,802,000

Net sales $276M, +16% YoY; GAAP diluted EPS $0.34, +31% YoY.
Automotive sales $206M, +31% YoY; e-mobility grew ~60% to 50% of auto sales.
GAAP gross margin 57.9% (up from 55.5%); operating margin 26.5% (up from 25.2%).
Non-GAAP diluted EPS $0.40, +29% YoY.
Industrial sales $51M (+6% YoY); other sales $18.5M (-42% 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 quarter ended September 29, 2023 results: revenue $276 million dollars, EPS $0.40.

Period: quarter ended September 29, 2023
Revenue: $276 million dollars
EPS: $0.40
Result: reported results

Exact text from the filing

“We delivered second quarter net sales of $276 million dollars, up 16% year-over-year, driven by continued strength in Automotive, which grew 31% year-over-year. We also achieved record non-GAAP Diluted Earnings per Share of $0.40, an increase of 29% year-over-year,”

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ALLEGRO MICROSYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-057742

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