Allegro Microsystems Inc (NAS:ALGM)
$ 29.75 -0.15 (-0.5%) Market Cap: 5.75 Bil Enterprise Value: 5.82 Bil PE Ratio: 38.06 PB Ratio: 5.09 GF Score: 89/100

Q1 2024 Allegro Microsystems Inc Earnings Call Transcript

Aug 01, 2023 / 12:30PM GMT
Release Date Price: $45.24 (-12.34%)
Operator

Good morning, and welcome to Allegro MicroSystems First Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session.

(Operator Instructions)

Please be advised that today's conference is being recorded. I would now like to hand the conference over to Jalene Hoover, Vice President of Investor Relations and Corporate Communications.

Jalene Hoover

Thank you, Carmen. Good morning, and thank you for joining us today to discuss Allegra's First Fiscal Quarter 2024 Results. I'm joined today by Allegro's President and Chief Executive Officer, Vineet Nargolwala; and Allegro's Chief Financial Officer, Derek D'Antilio. They will provide highlights of our business, review our quarterly financial performance and share our second quarter outlook. We will follow our prepared remarks with a Q&A session.

Our earnings release and prepared remarks include certain non-GAAP financial measures. The non-GAAP financial measures that are

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