Allegro MicroSystems updates Q1 2025 earnings guidance to 0.020-0.030 EPS, $166-168M revenue.

Allegro MicroSystems (ALGM) has updated its Q1 2025 earnings guidance, predicting EPS of 0.020-0.030, and revenue guidance of $166.0-168.0 million, compared to consensus estimates. The company reported Q1 earnings of $0.19 EPS, beating analysts' estimates by $0.02. Allegro MicroSystems' shares have a consensus rating of "Moderate Buy" and an average target price of $37.44.

July 23, 2024
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