secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001193125-22-145107
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegro posts record Q4 revenue $200.3M; CEO Ravi Vig retiring, replaced by Vineet Nargolwala
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- Q4 net sales $200.3M (+14% YoY); FY net sales $768.7M (+30% YoY).
- Q4 GAAP EPS $0.13, non-GAAP EPS $0.21; FY GAAP EPS $0.62, non-GAAP $0.78.
- Automotive FY revenue $531.6M (+34% YoY); industrial $133.2M (+40% YoY).
- Q1 FY2023 guidance: revenue $205-210M, non-GAAP gross margin 54-55%, non-GAAP EPS $0.22-0.23.
- CEO Ravi Vig retires effective June 13; succeeded by Vineet Nargolwala (ex-Sensata EVP Sensing Solutions).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000119312522145107/0001193125-22-145107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000119312522145107/d348018d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-145107

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