Allegro MicroSystems Files 8-K on Financial Results
Ticker: ALGM · Form: 8-K · Filed: Feb 1, 2024 · CIK: 866291
| Field | Detail |
|---|---|
| Company | Allegro Microsystems, Inc. (ALGM) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-results, 8-K, semiconductors
TL;DR
**ALGM just dropped an 8-K on financial results, get ready for earnings details.**
AI Summary
Allegro MicroSystems, Inc. filed an 8-K on February 1, 2024, to report on its results of operations and financial condition. This filing, under Item 2.02 and Item 9.01, indicates the company is providing an update on its financial performance, likely including earnings or other key financial metrics. For investors, this matters because it offers a timely glimpse into the company's health and future prospects, directly impacting stock valuation and investment decisions.
Why It Matters
This filing provides crucial, up-to-date financial information for Allegro MicroSystems, Inc., allowing investors to assess the company's performance and make informed decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and generally not a high-risk event itself.
Analyst Insight
A smart investor would look for the actual financial statements and results that this 8-K refers to, as they will contain the specific numbers impacting the company's valuation and future outlook.
Key Numbers
- February 1, 2024 — Date of Report (Indicates the earliest event reported in the filing.)
- 001-39675 — Commission File Number (Unique identifier for Allegro MicroSystems, Inc. with the SEC.)
- 46-2405937 — IRS Employer Identification No. (Tax identification number for Allegro MicroSystems, Inc.)
- $0.01 — par value per share (The nominal value of Allegro MicroSystems, Inc.'s Common Stock.)
Key Players & Entities
- Allegro MicroSystems, Inc. (company) — the registrant filing the 8-K
- February 1, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for Allegro MicroSystems, Inc.
- 001-39675 (dollar_amount) — Commission File Number
- 46-2405937 (dollar_amount) — IRS Employer Identification No.
- 955 Perimeter Road, Manchester, New Hampshire, 03103 (company) — principal executive offices address
- (603) 626-2300 (dollar_amount) — registrant's telephone number
- ALGM (company) — trading symbol for Common Stock
- The Nasdaq Global Select Market (company) — exchange where Common Stock is registered
Forward-Looking Statements
- Allegro MicroSystems, Inc. will release detailed financial statements for the period covered by this 8-K soon. (Allegro MicroSystems, Inc.) — high confidence, target: 2024-02-XX
FAQ
What is the primary purpose of this 8-K filing by Allegro MicroSystems, Inc.?
The primary purpose of this 8-K filing, dated February 1, 2024, is to report on the company's "Results of Operations and Financial Condition" under Item 2.02 and to include "Financial Statements and Exhibits" under Item 9.01.
What is the trading symbol and the exchange where Allegro MicroSystems, Inc.'s common stock is registered?
Allegro MicroSystems, Inc.'s Common Stock, with a par value of $0.01 per share, trades under the symbol ALGM on The Nasdaq Global Select Market.
What is the business address and phone number of Allegro MicroSystems, Inc. as stated in the filing?
The business address of Allegro MicroSystems, Inc. is 955 Perimeter Road, Manchester, New Hampshire, 03103, and their telephone number is (603) 626-2300.
What is the Central Index Key (CIK) for Allegro MicroSystems, Inc.?
The Central Index Key (CIK) for Allegro MicroSystems, Inc. is 0000866291.
Under which SEC Act and file number was this 8-K filed?
This 8-K was filed under the 1934 Act with SEC File Number 001-39675.
Filing Stats: 533 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-02-01 07:08:50
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ALGM The Nasdaq Global Se
Filing Documents
- algm-20240201.htm (8-K) — 41KB
- algm-ex99_1.htm (EX-99.1) — 1067KB
- 0000950170-24-009608.txt ( ) — 1263KB
- algm-20240201.xsd (EX-101.SCH) — 28KB
- algm-20240201_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 1, 2024, Allegro MicroSystems, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended December 29, 2023. The full text of the press release issued is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description Exhibit 99.1 Press Release issued by Allegro MicroSystems, Inc. on February 1, 2024 Exhibit 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLEGRO MICROSYSTEMS, INC. Date: February 1, 2024 By: /s/ Derek P. D'Antilio Derek P. D'Antilio Senior Vice President, Chief Financial Officer and Treasurer