Reports Q1 revenue $203.4M, consensus $198.22M. “We delivered strong first quarter results, with sales of over $203 million, up 22% year-over-year, and led by growth in both e-Mobility and Industrial and Other, increasing 31% and 50% year-over-year, respectively. Non-GAAP EPS was $0.09, increasing nearly 3x year-over-year, demonstrating the significant operating leverage in our business model,” said Mike Doogue, President and CEO of Allegro. “In addition to this strong financial performance, we are encouraged by the positive momentum we are seeing across the business, including continued strong bookings, increasing backlog, a return to growth in automotive and industrial end markets, and strong design win activity in our strategic focus areas.”
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