secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056257
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000095017024056257/0000950170-24-056257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000095017024056257/algm-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056257

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