Benzinga | Jul 29, 2021 08:13AM EDT

Allegro Microsystems Q1 EPS $0.18 Beats $0.16 Estimate, Sales $188.10M Beat $177.59M Estimate

Allegro Microsystems (NASDAQ:ALGM) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.16 by 12.5 percent. The company reported quarterly sales of $188.10 million which beat the analyst consensus estimate of $177.59 million by 5.92 percent.