- Allegro MicroSystems press release ( NASDAQ: ALGM ): Q3 Non-GAAP EPS of $0.35 beats by $0.03 .
- Revenue of $248.8M (+33.3% Y/Y) beats by $3.6M .
- Outlook: For the fourth quarter ending March 31, 2023, the company expects total net sales to be in the range of $260 million to $270 million vs. consensus of $252.24M. Non-GAAP gross margin is expected to be approximately 57.0%, non-GAAP operating expenses are anticipated to be between 27 percent and 28 percent of net sales, and non-GAAP earnings per diluted share are expected to be in the range of $0.35 to $0.37 vs. consensus of $0.32.
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Allegro MicroSystems reports Q3 earnings beat; sees Q4 earnings guidance above consensus