Allegro Microsystems Inc. Stock News

Allegro MicroSystems is in a turnaround phase under new CEO Mike Doogue, focusing on innovation and SAM expansion to drive long-term growth. Recent results remain weak, but sequential improvements in sales, bookings, and inventory reductions signal early signs of recovery. The company targets double-digit sales growth, gross margins of 58%+, and operating margins of 32%+ by leveraging new produ...

MANCHESTER, N.H., May 15, 2025 (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 TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 at the InterContinental New York Barclay in ...

Allegro MicroSystems, Inc. (NASDAQ:ALGM ) Q4 2025 Earnings Call May 8, 2025 8:30 AM ET Company Participants Jalene Hoover - Investor Relations Mike Duke - President and Chief Executive Officer Derek D'Antilio - Chief Financial Officer Conference Call Participants Timothy Arcuri - UBS Joe Quattrochi - Wells Fargo Gary Mobley - Loop Capital Chris Caso - Wolfe Research Joshua Buchalter - TD Cowen ...

MANCHESTER, N.H., May 08, 2025 (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 fourth quarter and full fiscal year ended March 28, 2025.

MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Office...

MANCHESTER, N.H., April 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ: ALGM) ("Allegro" or the "Company") today issued the following statement regarding Onsemi's withdrawal of its unsolicited proposal to acquire Allegro:

MANCHESTER, N.H., April 14, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of its latest XtremeSense™ TMR current sensors.

U.S chipmaker Onsemi said on Monday it was withdrawing its $6.9 billion offer for Allegro MicroSystems , a month after the semiconductor solutions provider rebuffed the latest offer from its larger rival.