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Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 4:00 PM EDT

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To: Return to Sender who wrote (90497)8/1/2023 3:54:47 PM
From: Return to Sender   of 95333
 
Allegro Microsystems beats by $0.02; guides SepQ EPS mostly above consensus, revs mostly above consensus

7:09 AM ET 8/1/23 | Briefing.com
Reports Q1 (Jun) earnings of $0.39 per share, $0.02 better than the FactSet Consensus of $0.37. Co issues in-line guidance for Q2 (Sep), sees EPS of $0.35-0.39 vs. $0.36 FactSet Consensus; sees Q2 revs of $270-280 mln vs. $270.25 mln FactSet Consensus.Co added, "The results further underscore our strategy focused on the mega trends of electrification and automation which are expected to transform Automotive and Industrial markets through the next decade."

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