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Allegro Microsystems Q2 Adj. EPS $0.40 Beats $0.37 Estimate, Sales $275.51M Beat $275.02M Estimate

Benzinga ·  11/02/2023 19:12

Allegro Microsystems (NASDAQ:ALGM) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.37 by 8.11 percent. This is a 29.03 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $275.51 million which beat the analyst consensus estimate of $275.02 million by 0.18 percent. This is a 15.92 percent increase over sales of $237.67 million the same period last year.

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