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The fundamentals for ALGM are strong, with the automobile market showing no signs of turning its back on electrical vehicles. ALGM is weighed down by a couple of headwinds, which help explain why the stock is down and likely heading lower. While external factors are partially to b...
Semiconductor companies have had a strong couple of years, as demand for electronics surged during the pandemic and supply chains were interrupted by the virus, keeping inventories tight, demand high and prices even higher. But as the calendar gets deeper into 2022, some cracks in the industr...
MANCHESTER, N.H., April 15, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2022 prior to the market opening on Tuesday, May 10, 2022. Following the press release, the Company will ho...
Manchester, NH, March 15, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the release of two new state-of-the-art giant magnetoresist...
NXP Semiconductors (NASDAQ:NXPI), Skyworks Solutions (NASDAQ:SWKS), Ambarella (NASDAQ:AMBA) and a number of other semiconductor stocks could outperform the broader industry as chip inventory levels rise later this year, presenting a "headwind to cyclically focused semiconductor stocks," Wells...
Light Detection and Ranging (LIDAR) is advanced imaging with widespread applications in self-driving cars and smartphones. The industry shows promising growth prospects. Semiconductor companies ON Semiconductor (ON) and Allegro MicroSystems (ALGM) are investing considerably in lidar technolog...
Image source: The Motley Fool. Allegro MicroSystems, Inc. (NASDAQ: ALGM) Q3 2022 Earnings Call Feb 01, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Allegro MicroSystems, Inc. (ALGM) Q3 2022 Earnings Call Transcri...
Allegro MicroSystems, Inc. (ALGM) Q3 2022 Earnings Conference Call February 1, 2022, 08:30 AM ET Company Participants Katherine Blye - Investor Relations Ravi Vig - President and Chief Executive Officer Derek D’Antilio - Senior VP & CFO Conference Call Participants Gary Mobley - We...
Allegro MicroSystems press release (NASDAQ:ALGM): Q3 Non-GAAP EPS of $0.19 beats by $0.01. Revenue of $186.63M (+13.5% Y/Y) beats by $3.88M. For the fourth quarter ending March 25, 2022, the Company expects total net sales to be in the range of $193 million to $197 million vs. consensus of $1...
MANCHESTER, N.H., Feb. 01, 2022 (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 resu...
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MANCHESTER, N.H., July 23, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of syndication of an incremental term loan under the ...
MANCHESTER, N.H., July 23, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of a primary offering of 25,000,000 shares of common ...
MANCHESTER, N.H., July 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal 2025 prior to the market open on Thursday, August 1, 2024. Following the press release, Vineet Nargolwala, President and...