Allegro MicroSystems reports record FY2024 sales of $1.05B, Q4 GAAP EPS loss of $0.04

ALLEGRO MICROSYSTEMS, INC.

2024-FY EPS reported $0.78 revenue$1,049,367,000

FY2024 net sales $1.05B (+8% YoY); record non-GAAP EPS of $1.35.
Q4 sales $240.6M, down 11% YoY; GAAP diluted EPS loss of $0.04 vs $0.32 a year ago.
FY2024 automotive sales $759M (+17% YoY) driven by 38% e-Mobility growth.
Record design wins exceeded $1B; added TMR technology and high-voltage isolated gate drivers.
Q1 FY2025 guide: work with customers on channel inventory reduction; expect sequential growth in Q2.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ALLEGRO MICROSYSTEMS, INC. reported financial results for quarter and fiscal year ended March 29, 2024.

Period: quarter and fiscal year ended March 29, 2024
Result: reported results

Exact text from the filing

On May 9, 2024, Allegro MicroSystems, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and fiscal year ended March 29, 2024.

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Source: SEC EDGAR

accession 0000950170-24-056257

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