Allegro MicroSystems, Inc. (NASDAQ:ALGM) Q3 2023 Earnings Conference Call January 31, 2023 8:30 AM ET

Company Participants

Jalene Hoover – Vice President of Investor Relations and Corporate Communications

Vineet Nargolwala – President and Chief Executive Officer

Derek D'Antilio – Chief Financial Officer

Conference Call Participants

Gary Mobley – Wells Fargo

Joshua Buchalter – Cowen

Blayne Curtis – Barclays

Quinn Bolton – Needham & Company

Vijay Rakesh – Mizuho Group

Alessandra Vecchi – William Blair

Operator

Good day and thank you for standing by. Welcome to the Allegro MicroSystems Q3 Fiscal 2023 Financial Results 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 your speaker today, Jalene Hoover. Please go ahead.

Jalene Hoover

Thank you, Tanya. Good morning and thank you for joining us today to discuss Allegro's third quarter fiscal 2023 results. I joined Allegro at the beginning of January and with more than two decades in semis, I'm thrilled to join at such an exciting time in Allegro's life cycle. I look forward to working with the team as well as with all of you. 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 provide a summary of our outlook.

We will follow our prepared remarks with a Q&A session. Our earnings release and the accompanying financial tables are available on the Investor Relations page of our website at www.allegromicro.com. This call is being webcast, and a replay will be available on our IR page shortly. Please note that comments other than statements of historical fact made during this conference call including forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections and other statements about future events that are based on current expectations and assumptions and as a result, are subject to risks and uncertainties that could cause actual results to differ materially from anticipated results and projections.

Please refer to the earnings press release we issued today and other documents filed by us with the SEC including the risk factors discussed in detail in our most recent 10-K filed on May 18, 2022, as amended on Form 10-K/A filed on August 29, 2022, and subsequent 10-Qs. While we may elect to update forward-looking statements at some point in the future, the company assumes no obligation to update any forward-looking information presented even if our estimates or assumptions change.