Michael Doogue News Today

BMW Group has selected Allegro MicroSystems as the sole Current Sensor IC supplier for BMW Group’s traction inverter systems used across the company’s entire fleet of battery-electric vehicles.

Expanded partnership highlights significant EV growth opportunity, as well as increased investment in R&D and inverter technologyMANCHESTER, NH, Oct. 17, 2023 -- Allegro MicroSystems, Inc. a...

Allegro MicroSystems Inc (NASDAQ: ALGM) has been selected as the sole Current Sensor IC supplier for Bayerische Motoren Werke AG (OTC: BMWYY) BMW Group's traction inverter systems used in the Battery El

Allegro MicroSystems (NASDAQ:ALGM – Get Rating) issued an update on its first quarter 2022 earnings guidance on Monday morning. The company provided earnings per share guidance of $0.22-$0.23 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $205.00 million-$210.00 million, compared to the consensus revenue […]

Wall Street brokerages expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to report sales of $207.50 million for the current quarter, Zacks reports. Two analysts have provided estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems posted sales of $188.14 million during the same quarter last year, which would indicate a positive year over year growth rate […]

Equities analysts predict that Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) will report $207.50 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems posted sales of $188.14 million during the same quarter last year, which suggests a positive year-over-year growth rate of […]

Motion control ICs and sensor maker Allegro MicroSystems to acquire Heyday Integrated Circuits by paying $19 million.

Brokerages expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to report $0.22 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems reported earnings of $0.18 per share in the same quarter last year, which would indicate a positive year-over-year growth […]

Equities research analysts expect Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Rating) to announce earnings per share of $0.22 for the current quarter, according to Zacks. Two analysts have made estimates for Allegro MicroSystems’ earnings. Allegro MicroSystems reported earnings per share of $0.18 during the same quarter last year, which would suggest a positive year over […]

Advanced gate driver technology significantly expands Allegro’s served addressable market in electric vehicles, solar and charging infrastructure...