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ALGM - Allegro Microsystems Inc.
$32.72
-0.65(-1.95%)9:00:00 PM 1/15/2021
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor ICs and application-specific analog power ICs for motion control and energy-efficient systems in automotive and industrial markets. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; Power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components for LiDAR applications. The company sells its products to OEMs and suppliers primarily in the automotive and industrial markets through its direct sales force, distributors, and independent sales representatives. It operates in the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.
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Stock news

    01/15/2021ALGM
    Allegro MicroSystems, Inc. to Announce Third Quarter Fiscal Year 2021 Financial Results on Tuesday, February 2, 2021

    Manchester, N.H., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2021 prior to the market opening on Tuesday, February 2, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will discus...

    01/4/2021ALGM
    Allegro MicroSystems to Participate in the 23rd Annual Needham Growth Conference

    MANCHESTER, N.H., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President & Chief Executive Officer, Ravi Vig, will participate in a Fireside Chat at the 23rd Annual Needham Virtual Growth Conference on January 13, 2021 at 10:45 a.m. Eastern time. The live webcast for this event can be accessed through the Investor Relations section of Allegro’s website (https://investo...

    12/21/2020ALGM
    E-Commerce Boom Propels THG, Allegro to Europe’s Benchmark Index

    (Bloomberg) -- Two of Europe’s most successful initial public offerings of 2020 will be added to the region’s benchmark equity index today, the latest sign of the growing importance of e-commerce stocks for investors.Britain’s THG Holdings Plc and Poland’s Allegro.eu SA will both gain entry to the Stoxx 600 Index as part of wider changes to the gauge, meaning passive investors who track the benchmark will need to bolster their holdings of two stocks that are already in limited supply.Index membe...

    12/3/2020ALGM
    Marvell Technology Meets Earnings Goal, But Just Misses Sales Target

    Chipmaker Marvell Technology late Thursday matched Wall Street's earnings target for its fiscal third quarter but came up light on sales. The Marvell earnings report drove MRVL stock lower.

    12/2/2020ALGM
    Allegro MicroSystems to Participate in Barclays Investor Conference

    MANCHESTER, N.H., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chief Executive Officer, Ravi Vig, will participate in Barclays Global Technology, Media and Telecommunications Conference. The event will take place virtually on December 9, 2020, where Mr. Vig will participate in a fireside chat at 9:30a.m. Eastern time. The live audio webcast for this conference c...

    11/25/2020ALGM
    3 Stocks Top Analysts Say Will Soar in 2021

    Sentiment is on the rise as the annus horribilis 2020 winds to an end. There’s a feeling, after all we have been through over the past ten months, that things just can not get worse. And so, investors are looking forward to 2021.Two big factors in market uncertainty are on their way to resolving themselves. First, COVID-19 vaccines are in the works, and two major drug companies have announced that vaccines will be available in a matter of months. And second, Democrat Joe Biden will take office i...

    11/24/2020ALGM
    Allegro MicroSystems to Participate in Wells Fargo and Credit Suisse Investor Conferences

    MANCHESTER, N.H., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President & Chief Executive Officer, Ravi Vig, will participate in two upcoming virtual investor conferences. The first, the 2020 Wells Fargo TMT Summit, will take place virtually on December 2, 2020, where Mr. Vig will participate in a fireside chat at 11:20 a.m. Eastern time. The second, the virtual Credit...

    11/19/2020ALGM
    CORRECTION – Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020

    \--Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Allegro MicroSystems, Inc. (Nasdaq:ALGM), please note that the balance sheet line items for Total current liabilities, Related party notes payable, less current portion, Other long-term liabilities and Total liabilities reported incorrect amounts for both the current and prior period. The corrected release follows:Allegro MicroSystems, I...

    11/19/2020ALGM
    Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020

    \--Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (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 second fiscal quarter ended September 25, 2020. Total net sales for the three-month period ended September 25, 2020 was $136.6 million, an increase of 18.8% from the prior quart...

    11/19/2020ALGM
    Allegro Microsystems Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / November 19, 2020 / Allegro Microsystems Inc.