| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 255MM | -7% |
| Gross Profit | 133.8MM | -16% |
| Cost Of Revenue | 121.2MM | +6% |
| Operating Income | 36.7MM | -50% |
| Operating Expenses | 97.1MM | +12% |
| Net Income | 33.3MM | -49% |
| R&D | 44.4MM | +2% |
| G&A | 52.7MM | +22% |
| Amortization | 5.1MM | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Technology highlights missing piece in the xEV driving equation, while also enabling broader EV market demandMANCHESTER, N.H., April 30, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing semiconductor technology for motion control and energy efficient-system is pleased to announce, that GHSP, a global provider of mechanical and electromechanical systems and portfolio company of JSJ Corporation, is closely collaborating with and ha
MANCHESTER, N.H., April 18, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2024 prior to the market open on Thursday, May 9, 2024. Following the press release, Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Senior Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and busine
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
The average brokerage recommendation (ABR) for Allegro MicroSystems (ALGM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
While the innovation space seemingly lacks no shortage of interest, not every enterprise benefits from the spotlight, which brings us to tech stocks ready to rebound. Yes, there are indeed certain compelling tech plays that aren’t getting the attention they deserve. To be sure, the space is speculative. Let’s be real. The usual suspects – your Nvidia (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT), to name but a few examples – enjoy significant upside momentum in part because everybody else believes in
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MANCHESTER, N.H., April 03, 2024 (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 the appointment of Jennie Raubacher to Allegro’s Board of Directors (“Board”) as an independent director. Ms. Raubacher’s appointment is effective on April 3, 2024. Jennie Raubacher joins Allegro’s Board with over 25 years of experience in investment banking focused
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. News of declining inflation and the potential for lower interest rates in 2024 fueled optimism in the final months of the year. Equities saw a broad rally, with small […]
Looking back on processors and graphics chips stocks' Q4 earnings, we examine this quarter's best and worst performers, including Allegro MicroSystems (NASDAQ:ALGM) and its peers.
Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.