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Allegro MicroSystems Expects Q2 Net Sales Of $182M - $192M, Est $186.39M

Author: Benzinga Newsdesk | August 01, 2024 07:48am
  • Gross Margin is expected to be between 49% and 51%,
  • Interest expense is expected to be approximately $7 million, and
  • Diluted Earnings per Share are expected to be in the range of $0.04 to $0.08. Exclusive of incremental interest costs associated with the recent share repurchase, estimated non-GAAP Diluted Earnings Per Share at the midpoint of our outlook range would be $0.08.

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