Allegro Microsystems Inc is a leading provider of advanced semiconductor solutions, specializing in sensor and power management technologies
The company designs and manufactures a wide range of integrated circuits that enable efficient power conversion and precise sensing in various applications, including automotive, industrial, and consumer electronics. Allegro's innovative products contribute to the development of smarter, safer, and more energy-efficient systems, enhancing the performance and functionality of electronic devices. Through its commitment to research and development, the company continually strives to deliver cutting-edge solutions that meet the evolving needs of its customers and the market.
Chip designer Allegro MicroSystems (NASDAQALGM) announced better-than-expected revenue in Q4 CY2024, but sales fell by 30.2% year on year to $177.9 million. Guidance for next quarter’s revenue was better than expected at $185 million at the midpoint, 0.7% above analysts’ estimates. Its GAAP loss of $0.04 per share was in line with analysts’ consensus estimates.
MANCHESTER, N.H., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its third quarter ended December 27, 2024.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Qualcomm (NASDAQQCOM) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Allegro MicroSystems (NASDAQALGM) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the processors and graphics chips industry, including AMD (NASDAQAMD) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at processors and graphics chips stocks, starting with AMD (NASDAQAMD).
MANCHESTER, N.H., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal 2025 prior to the market open on Thursday, January 30, 2025. Following the press release, Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Senior Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outlook.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Broadcom (NASDAQAVGO) and the best and worst performers in the processors and graphics chips industry.
MANCHESTER, N.H., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present virtually at the 27th Annual Needham Growth Conference on Thursday, January 16, 2025. Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, EVP and Chief Financial Officer, are scheduled to participate in a virtual fireside chat at 9:30 AM EST.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lattice Semiconductor (NASDAQLSCC) and the rest of the processors and graphics chips stocks fared in Q3.
Shareholders of Allegro MicroSystems would probably like to forget the past six months even happened. The stock dropped 24.4% and now trades at $21.08. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the processors and graphics chips industry, including Nvidia (NASDAQNVDA) and its peers.
Let’s dig into the relative performance of Qorvo (NASDAQQRVO) and its peers as we unravel the now-completed Q3 processors and graphics chips earnings season.
MANCHESTER, N.H., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced that the company will present at Wells Fargo’s 8th Annual TMT Summit on Wednesday, December 4, 2024 at the Terranea Resort in Rancho Palos Verdes, CA. Derek D’Antilio, EVP and Chief Financial Officer, is scheduled to participate in a fireside chat at 11:00 AM PST.
