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.

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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.

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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.

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Allegro Microsystems (NASDAQ: ALGM) share prices are advancing at a brisk pace on the news the company's business is better than expected. The company, a semiconductor/integrated circuit manufacturer, provides sensor IC and app-specific analog ICs to the auto OEM and industrial market.

Allegro Microsystems Is A Well-Positioned Semiconductor Stock

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.

Allegro MicroSystems, Inc. (ALGM) Q3 2023 Earnings Call Transcript

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 9.38% and 1.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Allegro MicroSystems, Inc. (ALGM) Q3 Earnings and Revenues Top Estimates

Chipmaker Allegro MicroSystems beat Wall Street's targets for its fiscal third quarter and guided higher for the current period. The post Chipmaker Allegro MicroSystems Posts Beat-And-Raise Quarterly Report appeared first on Investor's Business Daily.

Chipmaker Allegro MicroSystems Posts Beat-And-Raise Quarterly Report

Achieves Record Quarter with Sales Increasing 33% and Earnings Expanding 96% Y-o-Y Led By Continued Strength in E-Mobility Achieves Record Quarter with Sales Increasing 33% and Earnings Expanding 96% Y-o-Y Led By Continued Strength in E-Mobility

Allegro MicroSystems Reports Fiscal Third Quarter 2023 Results

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Going into their earnings reports next week, both Allegro MicroSystems and Super Micro Computer stock look poised to continue giving investors the expansive growth they look for out of the technology sector.

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Allegro MicroSystems, Inc. (ALGM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Allegro MicroSystems, Inc. (ALGM) Surges 6.4%: Is This an Indication of Further Gains?

MANCHESTER, N.H., Jan. 27, 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 Polar Semiconductor (“Polar”), a company jointly-owned by Allegro and Sanken Electric Co., Ltd. (“Sanken”), and one of Allegro's primary suppliers of 200 millimeter wafers, is expected to receive a $150 million equity investment from an affiliate of One Equity Partners to expand 200 millimeter sensor and high voltage power wafer capacity at its fabrication facility in Bloomington, Minnesota. In conjunction with this investment, Polar is also pursuing U.S. CHIPS Act funding to further invest in its capacity and cost leadership initiatives to supply sensor and high voltage power wafers for critical automotive and industrial applications.

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Allegro MicroSystems Announces Opening of New R&D Center in Greater Dallas

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MANCHESTER, N.H., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for the third quarter fiscal 2023 prior to the market open on Tuesday, January 31, 2023. Following the press release, the Company will host a conference call at 8:30 a.m. Eastern Time. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company's results and business outlook.

Allegro MicroSystems to Announce Third Quarter Fiscal 2023 Results

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MANCHESTER, N.H., Jan. 04, 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 Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Chief Financial Officer, will participate in the 25th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City. Management is scheduled to host a fireside chat at 10:15 a.m. ET on Tuesday, January 10, 2023 and meet with registered attendees throughout the day.

Allegro MicroSystems to Present at the Needham Growth Conference on January 10

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MANCHESTER, N.H., Nov. 23, 2022 (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 senior management will be participating at the following investor conferences:

Allegro MicroSystems to Participate at Upcoming Investor Conferences

Robust A31316 IC enables flexible integration for precision contactless position sensing Robust A31316 IC enables flexible integration for precision contactless position sensing

Allegro MicroSystems Announces PCB-Less 3D Magnetic Sensor for Vehicle Safety and ADAS Applications

Title: Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q2 2023 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Leanne Sievers - President, Shelton Group Investor Relations Vineet Nargolwala - President & Chief Executive Officer Derek D'Antilio - Chief Financial Officer Conference Call Participants Gary Mobley - Wells Fargo Securities Joshua Buchalter - Cowen Blayne Curtis - Barclays Alessandra Vecchi - William Blair Quinn Bolton - Needham & Company Vijay Rakesh - Mizuho Securities Operator Good day and thank you for standing by. Welcome to Allegro MicroSystems Q2 fiscal 2023 Financial Results.

Allegro MicroSystems, Inc. (ALGM) Q2 2023 Earnings Call Transcript

Achieves Record Quarter with Sales Increasing 23% and Earnings Expanding 52% Year-over-Year Achieves Record Quarter with Sales Increasing 23% and Earnings Expanding 52% Year-over-Year

Allegro MicroSystems Reports Second Quarter 2023 Results

MANCHESTER, N.H., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal 2023 prior to the market open on Thursday, October 27, 2022. Following the press release, the Company will host a conference call at 8:30 a.m. Eastern Time the same day. Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President, Finance and Chief Financial Officer, will discuss the Company's results and business outlook.

Allegro MicroSystems to Announce Second Quarter Fiscal 2023 Financial Results Thursday, October 27, 2022

Simplify and accelerate high-power GaN and SiC system implementation with revolutionary gate driver technology Simplify and accelerate high-power GaN and SiC system implementation with revolutionary gate driver technology

Allegro MicroSystems Completes Acquisition of Heyday Integrated Circuits

Senior Vice President of Technology and Products brings over 25 Years of Leadership to New CTO Position Senior Vice President of Technology and Products brings over 25 Years of Leadership to New CTO Position

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