Allegro MicroSystems, Inc. (ALGM) Tops Q3 EPS by 3c; Offers Guidance

Allegro MicroSystems, Inc. (NASDAQ: ALGM) reported Q3 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $248.8 million versus the consensus estimate of $245.23 million.

GUIDANCE:

Allegro MicroSystems, Inc. sees Q4 2023 EPS of $0.35-$0.37, versus the consensus of $0.32. Allegro MicroSystems, Inc. sees Q4 2023 revenue of $260-270 million, versus the consensus of $252.2 million.

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

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