Allegro Microsystems, Inc. ( (ALGM) ) has released its Q3 earnings. Here is a breakdown of the information Allegro Microsystems, Inc. presented to its investors.
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Allegro MicroSystems, Inc. is a leading global designer and fabless manufacturer of sensor integrated circuits and application-specific analog power ICs, serving the automotive and industrial sectors with innovative solutions. In its latest earnings report for the third quarter of fiscal year 2025, Allegro MicroSystems reported sales of $178 million and a non-GAAP EPS of $0.07, both exceeding the midpoint of its guidance. The company highlighted the introduction of a record number of new magnetic sensing and power products, strengthening its market position. Key financial metrics from the quarter include total net sales of $177.9 million and a non-GAAP gross margin of 49.1%, despite facing declines in both automotive and industrial sales compared to the same period last year. Allegro’s non-GAAP operating margin stood at 10.8%, while the company recorded a GAAP net loss of $6.8 million. Looking ahead, Allegro MicroSystems projects fourth-quarter net sales to range between $180 million and $190 million, with a non-GAAP diluted EPS expected to be between $0.03 and $0.07, reflecting ongoing strategic initiatives and market conditions.
