Recap: Allegro Microsystems Q2 Earnings

Allegro Microsystems ALGM reported its Q2 earnings results on Thursday, October 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Allegro Microsystems beat estimated earnings by 19.23%, reporting an EPS of $0.31 versus an estimate of $0.26.

Revenue was up $44.06 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 2.39% increase in the share price the next day.

Here's a look at Allegro Microsystems's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.22	0.21	0.18	0.18
EPS Actual	0.24	0.21	0.19	0.20
Revenue Estimate	207.61M	195.15M	182.73M	186.84M
Revenue Actual	217.75M	200.29M	186.63M	193.61M

To track all earnings releases for Allegro Microsystems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar