Allegro MicroSystems

Allegro MicroSystems, Inc. develops and is a fabless manufacturer of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and light emitting diode (“LED”) driver ICs. The company was founded on March 30, 2013 and is headquartered in Manchester, NH.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Allegro MicroSystems reports record Q4 sales, anticipates growth opportunities

Allegro MicroSystems delivered strong financial performance in Q4, driven by robust sales in strategic growth areas and the industrial market. While facing short-term challenges in Japan and potential demand fluctuations, the company remains focused on long-term growth and anticipates increased sales in strategic sectors.

Allegro MicroSystems Achieves Record Sales and Drives Innovation in E-Mobility

Allegro MicroSystems delivered exceptional Q1 results, driven by robust sales in e-Mobility and the Industrial market. The company's focus on innovation and sustainability positions them well for future growth. However, managing the transition to industry standard lead times and backlog moderation will be critical.

Allegro MicroSystems reports record Q3 earnings and outlines growth plans

Allegro MicroSystems delivered exceptional financial performance in Q3, with strong sales growth, expanded margins, and increased earnings per share. The company is strategically positioned to benefit from the booming e-Mobility market and industrial sector growth. Challenges lie in maintaining supply chain improvements and executing expansion plans effectively.

Allegro MicroSystems posts record Q4 sales, eyes growth in e-mobility

Allegro MicroSystems delivered robust financial performance in Q4 2023, driven by strong sales growth in strategic sectors and innovative product offerings.
The company's focus on e-mobility and clean energy markets, coupled with a clear vision for future growth, positions it well for continued success.
While facing challenges in competitive markets, Allegro's commitment to R&D and customer-centric approach presents opportunities for sustained growth and market leadership.

Allegro MicroSystems reports record Q1 earnings, eyes e-mobility growth

Allegro MicroSystems delivered exceptional Q1 results, driven by robust sales growth and profitability. While facing challenges in the China market, the company is well-positioned to capitalize on opportunities in e-mobility and industrial sectors, supported by innovative product launches and sustainability initiatives.

Allegro MicroSystems excels in Q2 with e-mobility driving growth

Allegro MicroSystems' Q2 performance reflects strong sales growth driven by e-mobility and clean energy sectors. While facing challenges in industrial sales and supply chain concerns, the company remains focused on leveraging opportunities in the electrification and automation markets.

Allegro MicroSystems exceeds Q3 earnings, eyes e-mobility growth opportunities

Allegro MicroSystems delivered a strong Q3 performance, surpassing earnings expectations and demonstrating resilience in key growth areas. While facing challenges related to inventory dynamics, the company is well-positioned to capitalize on opportunities in e-mobility, localization, and product expansion. With a solid financial foundation and strategic initiatives in place, Allegro MicroSystems is poised for continued growth and innovation.

Allegro MicroSystems beats Q4 expectations, eyes growth in e-Mobility

Allegro MicroSystems delivered strong financial performance in Q4 and fiscal 2024, exceeding revenue and EPS guidance with record annual sales and design wins.
Despite short-term challenges in sales decline and pricing support concerns, the company is strategically positioned for future growth with innovative product launches and cost management.
Anticipating sequential growth in Q2 and a return to normal ordering patterns in Automotive, Allegro MicroSystems is poised for revenue recovery and market expansion.
With a focus on key growth areas and efficient resource allocation, the company aims to drive long-term growth and capitalize on opportunities in emerging markets.

Allegro MicroSystems beats Q1 sales, eyes growth amid challenges

Allegro MicroSystems delivered strong Q1 financial performance, exceeding sales expectations and showcasing solid margins and profitability.
With a focus on reducing inventory, launching new products, and securing design wins, Allegro is well-positioned for growth in automotive and industrial sectors.
Despite facing challenges in margin maintenance and shareholder integration, Allegro's outlook for Q2 2025 and strategic conference attendance offer promising opportunities for expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and light emitting diode driver ICs. The company was founded on March 30, 2013 and is headquartered in Manchester, NH.

Allegro MicroSystems, Inc. (ALGM) concluded the recent trading session at $26.89, signifying a -0.33% move from its prior day's close.

Allegro MicroSystems, Inc. (ALGM) Suffers a Larger Drop Than the General Market: Key Insights

MANCHESTER, N.H., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2024 prior to the market open on Thursday, February 1, 2024. 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.

UPDATE – Allegro MicroSystems to Announce Third Quarter Fiscal Year 2024 Financial Results

Allegro MicroSystems to Announce Third Quarter Fiscal Year 2024 Financial Results

MANCHESTER, N.H., Jan. 05, 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 Needham's 26th Annual Growth Conference on Friday, January 19, 2024, which is a designated day for virtual presentations and meetings. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Chief Financial Officer, are scheduled to participate in a fireside chat at 12:45 PM EDT.

Allegro MicroSystems to Present at Needham's 26th Annual Growth Conference on January 19

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts Think Allegro MicroSystems, Inc. (ALGM) Is a Good Investment: Is It?

Calix

Celsius Holdings

Civitas Resources

Darling Ingredients

Frontier Communications Corporation

HealthEquity

Interactive Brokers

Iridium Communications

Jazz Pharmaceuticals

Lantheus Holdings

MP Materials

Matador Resources

Perrigo

R1 RCM Inc

Teradata

TKO Group Holdings Inc

United Therapeutics

Valaris Ltd

Essential Utilities

When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After all, the sky's the limit.

20 midcap stocks with 2024 upside ranging up to 62%, according to analysts

Ashtead Group PLC

CGI Group

ALGM, ASHTY and GIB have been added to the Zacks Rank #5 (Strong Sell) List on December 26, 2023.

New Strong Sell Stocks for December 26th

Allegro MicroSystems, Inc. (ALGM) closed at $30.69 in the latest trading session, marking a -1.67% move from the prior day.

Allegro MicroSystems, Inc. (ALGM) Stock Slides as Market Rises: Facts to Know Before You Trade

Allegro MicroSystems, Inc. (ALGM) closed the most recent trading day at $27.41, moving +0.18% from the previous trading session.

Allegro MicroSystems, Inc. (ALGM) Increases Yet Falls Behind Market: What Investors Need to Know

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.32, marking a -1.05% move from the previous day.

Here's Why Allegro MicroSystems, Inc. (ALGM) Fell More Than Broader Market

Recently, Zacks.com users have been paying close attention to Allegro MicroSystems, Inc. (ALGM). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Allegro MicroSystems, Inc. (ALGM): Here is What You Need to Know

Allegro MicroSystems, Inc. (ALGM) Is Considered a Good Investment by Brokers: Is That True?

Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Here is What to Know Beyond Why Allegro MicroSystems, Inc. (ALGM) is a Trending Stock

Apple

AbbVie

W.W. Grainger

Over the past few weeks, Finbold has unveiled reports exposing the substantial stock market activities of certain US Congress members, some of which resulted in multimillion-dollar profits.

Revealed: Congress' busiest stock traders in the last year

Is Trending Stock Allegro MicroSystems, Inc. (ALGM) a Buy Now?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Wall Street Analysts See Allegro MicroSystems, Inc. (ALGM) as a Buy: Should You Invest?

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q2 2024 Earnings Conference Call November 2, 2023 6:00 AM ET Company Participants Jalene Hoover - VP of IR and Corporate Communications Vineet Nargolwala - President and CEO Derek D'Antilio - SVP and Chief Financial Officer Conference Call Participants Gary Mobley - Wells Fargo Blayne Curtis - Barclays Blake Friedman - Bank of America Joshua Buchalter - TD Cowen Christopher Caso - Wolfe Research Quinn Bolton - Needham & Company Natalia Winkler - Jefferies Operator Good morning, and welcome to the Allegro MicroSystems Second Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions].

Allegro MicroSystems, Inc. (ALGM) Q2 2024 Earnings Call Transcript

Lattice Semiconductor

Microchip Technology

ON Semiconductor

Silicon Laboratories

A raft of semiconductor stocks fell this week after guiding well short of views for the December quarter.

Industrial Slowdown Hits Semiconductor Stocks; AI, iPhone Suppliers Fare Better

– Net Sales Increased by 16% Year-over-Year – – GAAP & Non-GAAP EPS Increased 31% and 29% Respectively, Year-over-Year – – Automotive Sales Increased by 31% Year-over-Year Led by E-Mobility –

Allegro MicroSystems Reports Second Quarter 2024 Results

-- Tunnel Magnetoresistance (“TMR”) Represents Fastest Growing Technology in Magnetic Sensing with an Estimated 30% CAGR Through 2030 -- MANCHESTER, N.H., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor technology for motion control and energy efficient systems, today announced that it has completed the acquisition of Crocus Technology, a leader in advanced TMR sensor technology, for $420 million in cash, subject to customary working capital adjustments. This acquisition accelerates Allegro's TMR roadmap and strengthens its leading position in the magnetic sensing market.

Allegro MicroSystems Completes Acquisition of Crocus Technology to Accelerate Innovation in TMR Sensing Technology

Allegro MicroSystem' (ALGM) second-quarter fiscal 2024 performance will likely reflect strong momentum in its e-mobility, industrial and automotive segments.

What's in Store for Allegro MicroSystems' (ALGM) Q2 Earnings?

Allegro MicroSystems, Inc. (ALGM) reachead $27.69 at the closing of the latest trading day, reflecting a +0.07% change compared to its last close.

Allegro MicroSystems, Inc. (ALGM) Increases Despite Market Slip: Here's What You Need to Know

Allegro MicroSystems, Inc. (ALGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allegro MicroSystems, Inc. (ALGM) Earnings Expected to Grow: Should You Buy?

Zacks.com users have recently been watching Allegro MicroSystems, Inc. (ALGM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock Allegro MicroSystems, Inc. (ALGM) Worth Betting on Now?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

News for Allegro MicroSystems Stock (ALGM)