2023-08-01 07:09:20 ET
- Allegro MicroSystems press release ( NASDAQ: ALGM ): Q1 Non-GAAP EPS of $0.39 beats by $0.02 .
- Revenue of $278.29M (+27.8% Y/Y) beats by $5.03M .
- For the second quarter ending September 29, 2023, the Company expects total sales to be in the range of $270 million to $280 million.
- Gross Margin is expected to be between 56% and 57%
- Operating Expenses are anticipated to be between 26% and 27% of sales
- Diluted Earnings per Share are expected to be in the range of $0.35 to $0.39
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Allegro MicroSystems Non-GAAP EPS of $0.39 beats by $0.02, revenue of $278.29M beats by $5.03M