secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000950170-24-119242
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegro MicroSystems Q2 FY2025 sales $187M, up 12% QoQ; GAAP EPS -$0.18
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- Net sales $187.4M, up 12% sequentially from $166.9M; down 32% YoY from $275.5M.
- GAAP gross margin 45.7% vs 44.8% prior quarter and 57.9% YoY; GAAP operating margin 2.2%.
- GAAP diluted EPS -$0.18 vs -$0.09 prior quarter and $0.34 YoY; Non-GAAP EPS $0.08 at high end of outlook.
- Automotive sales $141.9M, Industrial & other $45.5M; sequential growth in both segments.
- CEO cites continued demand and inventory rebalancing; investing for growth with new product launches.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000095017024119242/0000950170-24-119242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000095017024119242/algm-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119242

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