Allegro microsystems reports first quarter 2024 results

--net sales increased by 28% year-over-year to a new record-- --net sales in strategic growth areas increased by 63% year-over-year-- --gaap diluted earnings per share (eps) increased by 520% year-over-year-- --non-gaap diluted eps increased by 63% year-over-year-- manchester, n.h., aug. 01, 2023 (globe newswire) -- allegro microsystems, inc. (“allegro” or the “company”) (nasdaq:algm), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its first quarter which ended june 30, 2023.
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