Allegro MicroSystems, Inc. (ALGM) Tops Q1 EPS by 2c ; Offers Guidance

Allegro MicroSystems, Inc. (NASDAQ: ALGM) reported Q1 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $278.29 million versus the consensus estimate of $275.91 million.

GUIDANCE:

Allegro MicroSystems, Inc. sees Q2 2024 EPS of $0.35-$0.39, versus the consensus of $0.36. Allegro MicroSystems, Inc. sees Q2 2024 revenue of $270-280 million, versus the consensus of $369.4 million.

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

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