Allegro Microsystems Q2 Adj. EPS $0.13 Beats $0.12 Estimate, Sales $214.294M Beat $210.636M Estimate

+1.39%

ALLEGRO MICROSYSTEMS, INC.

ALGM

29.22

+1.39%

Allegro Microsystems (NASDAQ: ALGM) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.12 by 4.84 percent. This is a 62.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $214.294 million which beat the analyst consensus estimate of $210.636 million by 1.74 percent. This is a 14.36 percent increase over sales of $187.391 million the same period last year.

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