Allegro MicroSystems, Inc. (ALGM) Tops Q2 EPS by 5c; Offers Guidance

Allegro MicroSystems, Inc. (NASDAQ: ALGM) reported Q2 EPS of $0.31, $0.05 better than the analyst estimate of $0.26. Revenue for the quarter came in at $237.7 million versus the consensus estimate of $225.03 million.

GUIDANCE:

Allegro MicroSystems, Inc. sees Q3 2023 EPS of $0.31-$0.33, versus the consensus of $0.26. Allegro MicroSystems, Inc. sees Q3 2023 revenue of $240-250 million, versus the consensus of $233.2 million.

For earnings history and earnings-related data on Allegro MicroSystems, Inc. (ALGM) click here.

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