earnings
confidence high
sentiment negative
materiality 0.85
Allegro MicroSystems Q1 sales $167M, GAAP EPS -$0.09; $50M debt repayment; 39M share buyback
ALLEGRO MICROSYSTEMS, INC.
2025-Q1 EPS reported
-$0.09
revenue$166,919,000
- Net sales $167M, down 40% YoY from $278M; automotive $131M, industrial $36M.
- GAAP diluted EPS -$0.09 vs prior year $0.31; non-GAAP EPS $0.03 at high end of outlook.
- Made $50M voluntary debt repayment during Q1.
- Announced repurchase of 39M shares from majority shareholder to improve liquidity and governance.
- Expects low double-digit sequential sales growth in Q2 FY2025.