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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 […]