Allegro MicroSystems Reports Third Quarter 2024 Results
Allegro MicroSystems(ALGM) Newsfilter·2024-02-01 20:00
–Total Sales Increased 2% Year-over-Year ––E-Mobility Drives 18% Year-over-Year Increase in Automotive Sales – MANCHESTER, N.H., Feb. 01, 2024 (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 results for its third quarter ended December 29, 2023. "We delivered third-quarter net sales of $255 million, up 2% year-over-year, driven by ...