MANCHESTER, N.H., May 09, 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 fourth quarter and full year ended March 29, 2024.
Key Points:
- There was no impact to previously reported total net sales or net income in any of the periods noted above.
- 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.
- A webcast will be held on Thursday, May 9, 2024 at 8:30 a.m., Eastern Time.
- Vineet Nargolwala, President and Chief Executive Officer, will discuss Allegro’s business and financial results.
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.
Key Points:
- 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 business outlook.
- Analysts and investors are invited to join the conference call using the following information:
Advanced registration is required for dial-in participants.
- Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call.
Government,
Lehman Brothers,
Automation,
Wells Fargo,
Business administration,
Electronics,
Acquisition,
IPO,
Harvard University,
Stanford University,
Management 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.
Key Points:
- 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.
- Jennie Raubacher joins Allegro’s Board with over 25 years of experience in investment banking focused on the semiconductor, technology and telecom sectors where she has advised global C-suite executives and boards of directors on strategic and financing transactions.
- We are grateful for her sustained interest in Allegro and delighted to welcome Jennie to Allegro’s Board,” said Yoshihiro “Zen” Suzuki, Chairman of the Board.
- It is an exciting time to join Allegro’s Board, and I am honored to be appointed,” said Jennie Raubacher.
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Tuesday, February 13, 2024
MANCHESTER, N.H., Feb. 13, 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 that the Company will present at Morgan Stanley’s Technology, Media & Telecom Conference on Monday, March 4, 2024 at the Palace Hotel in San Francisco, CA.
Key Points:
- MANCHESTER, N.H., Feb. 13, 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 that the Company will present at Morgan Stanley’s Technology, Media & Telecom Conference on Monday, March 4, 2024 at the Palace Hotel in San Francisco, CA.
- Derek D’Antilio, Chief Financial Officer, is scheduled to participate in a fireside chat at 3:40 PM PST.
Retrieved on:
Tuesday, February 6, 2024
Current high-power-density GaN and SiC FET charging and power infrastructures demand high-speed, low-loss devices to ensure efficiency and reliability.
Key Points:
- Current high-power-density GaN and SiC FET charging and power infrastructures demand high-speed, low-loss devices to ensure efficiency and reliability.
- To address these challenges, Allegro has introduced two high-bandwidth current sensors – the ACS37030 and ACS37032 – designed to provide efficiency and high-performance with reduced design time and board space.
- They employ a dual signal paths approach, with one path capturing low-frequency and DC current using Hall-effect elements and the other path capturing high-frequency current data through an inductive coil.
- Balances cost considerations while minimizing design complexity: Simplifies designs and facilitates easy-to-design, cost-optimized, high-power, high-frequency switching power conversion for GaN and SiC devices.
Retrieved on:
Thursday, February 1, 2024
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.
Key Points:
- There was no impact to previously reported total net sales or net income in any of the periods noted above.
- For the fourth quarter ending March 29, 2024, the Company expects net sales to be in the range of $230 million to $240 million.
- “Allegro is well positioned to support the megatrends of electrification and automation, and we are taking appropriate actions to navigate near-term impacts from inventory digestion,” said Derek D’Antilio, CFO of Allegro.
- Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Chief Financial Officer, will discuss Allegro’s business and financial results.
Retrieved on:
Thursday, January 11, 2024
MANCHESTER, N.H., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2024 prior to the market open on Thursday, February 1, 2024.
Key Points:
- MANCHESTER, N.H., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its third quarter fiscal year 2024 prior to the market open on Thursday, February 1, 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 business outlook.
- Analysts and investors are invited to join the conference call using the following information:
Advanced registration is required for dial-in participants.
- Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call.
MANCHESTER, NH, Jan. 09, 2024 (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 the second product in its High Voltage Power portfolio.
Key Points:
- MANCHESTER, NH, Jan. 09, 2024 (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 the second product in its High Voltage Power portfolio.
- Allegro’s AHV85111 isolated gate-driver IC adds critical safety features while simplifying the design of high-power energy conversion systems for e-Mobility and clean energy applications, including OBC/DCDC, solar inverter and datacenter power supply.
- The AHV85111 gate driver adds bipolar-output, a critical feature that significantly improves time to market by eliminating the need to design a complicated negative isolated DC power supply and removing unnecessary external components.
- To learn more about the AHV85111 power-thru gate driver, please visit https://www.allegromicro.com/en/products/motor-drivers/gate-drivers/ahv8...
MANCHESTER, N.H., Jan. 05, 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 that the Company will present at Needham’s 26th Annual Growth Conference on Friday, January 19, 2024, which is a designated day for virtual presentations and meetings.
Key Points:
- MANCHESTER, N.H., Jan. 05, 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 that the Company will present at Needham’s 26th Annual Growth Conference on Friday, January 19, 2024, which is a designated day for virtual presentations and meetings.
- Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Chief Financial Officer, are scheduled to participate in a fireside chat at 12:45 PM EDT.
Retrieved on:
Thursday, November 2, 2023
Vehicle registration plates of Nepal,
Eastern Time Zone,
Consumer,
Interest expense,
Automation,
Original equipment manufacturer,
Acquisition,
UAW,
Crocus Technology,
EPS,
Webcast,
Per stirpes,
Allegro,
Crocus MANCHESTER, N.H., Nov. 02, 2023 (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 quarter which ended September 29, 2023.
Key Points:
- Commenting on the outlook, Vineet Nargolwala said, “Our backlog remains robust.
- Our sales forecast reflects normal third quarter seasonality, lingering impacts from the UAW strike, heightened macroeconomic trends and elevated inventory levels in Industrial and Consumer markets.
- Vineet Nargolwala, President and Chief Executive Officer, and Derek D’Antilio, Chief Financial Officer, will discuss Allegro’s business and financial results.
- A recording of the webcast will be posted in the same location shortly after the call concludes and will be available for at least 90 days.
