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These Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 Results
ALGMAllegro MicroSystems(ALGM) Benzinga·2025-05-09 21:05

Allegro MicroSystems, Inc. ALGM reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.Allegro Microsystems posted adjusted earnings of 6 cents per share, beating market estimates of 5 cents per share. The company's quarterly sales came in at 192.82millionversusexpectationsof192.82 million versus expectations of 185.28 million.“During the fourth quarter, we delivered on our commitments with sales of 193million,up8193 million, up 8% sequentially, and non-GAAP EPS of 0.06,” said Mike Doog ...