ALGM - These Analysts Cut Their Forecasts On Allegro MicroSystems Following Q4 Results | Benzinga
Allegro MicroSystems, Inc. (NASDAQ:ALGM) reported better-than-expected fourth-quarter financial results on Thursday.
Allegro Microsystems posted adjusted earnings of 25 cents per share, beating market estimates of 21 cents per share. The company's quarterly sales came in at $240.58 million versus expectations of $234.93 million, according to data from Benzinga Pro.
“Continued strong momentum in e-Mobility drove record fiscal year 2024 sales to more than $1 billion and record ...