---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-009608"
form_type: "8-K"
ticker: "ALGM"
cik: "0000866291"
company_name: "ALLEGRO MICROSYSTEMS, INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:22:03.954215+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allegro MicroSystems Q3 net sales $255M (+2% YoY); Automotive up 18%; Non-GAAP EPS $0.32 beats guidance

## Summary
- Net sales $255M (+2% YoY); Automotive sales $194.8M (+18% YoY).
- GAAP diluted EPS $0.17 vs $0.33 prior year; Non-GAAP EPS $0.32 (10% above guidance midpoint).
- Gross margin 52.5% vs 57.3% YoY; operating margin 14.4% vs 26.4% YoY.
- e-Mobility sales grew 45% YoY to 54% of Automotive sales.
- Free cash flow increased $27M sequentially; management notes inventory digestion.

## SEC filing metadata
- accession: 0000950170-24-009608
- form_type: 8-K
- ticker: ALGM
- cik: 0000866291
- company_name: ALLEGRO MICROSYSTEMS, INC.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866291/000095017024009608/0000950170-24-009608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866291/000095017024009608/algm-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-009608
- JSON: https://secwatch.observer/filing/0000950170-24-009608.json
- Plain text: https://secwatch.observer/filing/0000950170-24-009608.txt

## Key facts
- Earnings Releases
  ALLEGRO MICROSYSTEMS, INC. reported third quarter ended December 29, 2023 results: revenue $254,984, EPS $0.17.
  - Period: third quarter ended December 29, 2023
  - Revenue: $254,984
  - EPS: $0.17
  - Result: reported results
  source text: Net Sales* Automotive $ 194,764 $ 197,321 $ 164,719 $ 577,515 $ 467,959 Industrial 45,949 60,962 53,737 180,021 146,797 Other 14,271 17,226 30,333 51,250 89,452 Total net sales $ 254,984 $ 275,509 $ 248,789 $ 808,786 $ 704,208 GAAP Financial Measures Gross margin % 52.5 % 57.9 % 57.3 % 55.8 % 55.8 % Operating margin % 14.4 % 26.5 % 26.4 % 22.3 % 19.9 % Diluted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/866291/000095017024009608/0000950170-24-009608-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.