Allegro MicroSystems, ALGM and Q1
Allegro MicroSystems's (NASDAQ:ALGM) Q1 Sales Top Estimates But Quarterly Guidance Underwhelms
Chip designer Allegro MicroSystems (NASDAQ:ALGM) reported results ahead of analysts' expectations in Q1 CY2024, with revenue down 10.7% year on year to $240.6 million. On the other hand, next quarter's revenue guidance of $165 million was less impressive,
ALGM Stock Earnings: Allegro Microsystems Beats EPS, Beats Revenue for Q4 2024
ALGM stock results show that Allegro Microsystems beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires.
Allegro MicroSystems beats top-line and bottom-line estimates; initiates Q1 outlook
Q4 Non-GAAP EPS of $0.25 beats by $0.04. Revenue of $240.58M (-10.7% Y/Y) beats by $5.63M. Business Outlook For the first quarter of fiscal year 2025 ending June 28, 2024, the Company expects net sales to be in the range of $160 million to $170 million vs.
Why Allegro MicroSystems (ALGM) Stock Is Trading Lower Today
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 18.4% in the morning session after the company reported first quarter results. Its revenue guidance for next quarter missed analysts' expectations and its operating margin shrunk.
Allegro Microsystems Inc. (ALGM) Stock is poised for a successful quarter
Evercore ISI raised the price target for the Allegro Microsystems Inc. (NASDAQ:ALGM) stock to “an Outperform”. The rating was released on April 16, 2024, according to finviz.
Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 Results
Sales Increase 8% to a Record $1.05 Billion – –38% Growth in E-Mobility Drives 17% Year-over-Year Increase in Full Year 2024 Automotive Sales – MANCHESTER, N.H., May 09, 2024 (GLOBE NEWSWIRE) -- ...
Allegro MicroSystems Shares Hit 52-Week Low After 4Q Loss
By Chris Wack Allegro MicroSystems shares hit their 52-week low of $23.64 Thursday after the company swung to a fourth-quarter loss. The stock was ...
Independent Record16h
'The Sister’s Hood' adds twist to beloved tale of 'Little Red Riding Hood'
What if the path to Grandma’s led you through an enchanted forest? On Saturday, Allegro School of Dance presents a fun and ...
Business Insider20h
Allegro MicroSystems Q4 Results Top Estimates; Stock Down 11% On Weak Outlook
(RTTNews) - Allegro MicroSystems, Inc. (ALGM) on Thursday reported a net loss attributable to the company of $7.12 million or $0.04 per share, compared to net income of $61.98 million or $0.32 per ...
News Medical3mon
Allegro: Fast and simple capillary blood analysis
Let us help you with your inquiries, brochures and pricing requirements Request A Quote Download PDF Copy Request A Quote Download PDF Copy Request A Quote Download ...
Antonio Vivaldi – ‘Winter’ from ‘The Four Seasons’, Allegro non molto (1st mvt)
Classroom resources for Ten Pieces Trailblazer Antonio Vivaldi, one of the first people to compose music that was designed to ...
Business Insider1d
What Wall Street expects from Allegro Microsystems's earnings
Allegro Microsystems will be reporting Q4 earnings on May 9. Wall Street analysts are expecting earnings per share of $0.213. Go here to track Allegro Microsystems stock price in real-time ahead ...
WBJournal3d
Worcester aerospace manufacturer seeks $48M move to former Allegro campus
A longtime Worcester manufacturer, which played a key role in the Apollo space program and the Moon landing, is seeking to ...