Allegro Microsystems Q1 2025 Adj. EPS $0.03 Beats $0.02 Estimate, Sales $166.919M Beat $165.379M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allegro Microsystems (NASDAQ:ALGM) reported Q1 2025 adjusted EPS of $0.03, beating the $0.02 estimate. Sales were $166.919M, surpassing the $165.379M estimate but down 40.02% from last year's $278.293M.
August 01, 2024 | 11:03 am
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Allegro Microsystems reported Q1 2025 adjusted EPS of $0.03, beating the $0.02 estimate by 50%. Sales were $166.919M, surpassing the $165.379M estimate but down 40.02% from last year's $278.293M.
The earnings and sales beat expectations, which is positive for the stock. However, the significant YoY sales decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100