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ALLEGRO MICROSYSTEMS, INC.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (in thousands, except share and per share amounts) (Unaudited) | ||||||||
| Three-Month Period Ended | ||||||||
| June 28, 2024 | June 30, 2023 | |||||||
| Net sales | $ | 166,919 | $ | 278,293 | ||||
| Cost of goods sold | 92,148 | 120,343 | ||||||
| Gross profit | 74,771 | 157,950 | ||||||
| Operating expenses: | ||||||||
| Research and development | 45,204 | 42,975 | ||||||
| Selling, general and administrative | 40,197 | 44,229 | ||||||
| Total operating expenses | 85,401 | 87,204 | ||||||
| Operating (loss) income | (10,630 | ) | 70,746 | |||||
| Interest and other income (expense) | (5,943 | ) | (2,642 | ) | ||||
| (Loss) income before income taxes | (16,573 | ) | 68,104 | |||||
| Income tax provision | 1,040 | 7,215 | ||||||
| Net (loss) income | (17,613 | ) | 60,889 | |||||
| Net income attributable to non-controlling interests | 62 | 39 | ||||||
| Net (loss) income attributable to Allegro MicroSystems, Inc. | $ | (17,675 | ) | $ | 60,850 | |||
| Net (loss) income per common share attributable to Allegro MicroSystems, Inc.: | ||||||||
| Basic | $ | (0.09 | ) | $ | 0.32 | |||
| Diluted | $ | (0.09 | ) | $ | 0.31 | |||
| Weighted average shares outstanding: | ||||||||
| Basic | 193,465,708 | 191,997,330 | ||||||
| Diluted | 193,465,708 | 194,991,906 | ||||||
Supplemental Schedule of Total Net Sales
