Get intelligentvalue.com

Own it today or select a payment plan

Secured by Stripe

Premium Domain Name

intelligentvalue.com

intelligentvalue.com logo

is available for purchase

51 views
Visitors fromUSUS 54%·AUAU 32%·ININ 7%·GBGB 2%·FRFR 2%

Unlock the potential of 'intelligentvalue.com', a premium domain that embodies sophistication and expertise in investment advisory and financial consulting. Perfect for businesses in artificial intelligence solutions, market research, and strategic planning, this memorable domain conveys a strong branding message that resonates with clients seeking innovative and data-driven insights. Elevate your presence in the competitive landscape with a digital identity that signifies intelligence, value, and forward-thinking solutions.

Safe & Secure

Protected transactions with Stripe

Fast Transfer

Domain transferred within 24 hours

Flexible Payments

Interest-free payment plans available

VisaMastercardAmerican ExpressDiscoverDiners ClubJCBApple PayGoogle Pay

Allegro MicroSystems (ALGM) Reports Earnings Tomorrow: What To Expect

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

ALGM Cover Image

Chip designer Allegro MicroSystems (NASDAQ: ALGM) will be reporting earnings this Thursday before market open. Here’s what to look for.

Allegro MicroSystems beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $214.3 million, up 14.4% year on year. It was a mixed quarter for the company, with revenue guidance for next quarter topping analysts’ expectations but EPS in line with analysts’ estimates.

Is Allegro MicroSystems a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Allegro MicroSystems’s revenue to grow 24.4% year on year to $221.3 million, a reversal from the 30.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.14 per share.

Allegro MicroSystems Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Allegro MicroSystems has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.6% on average.

Looking at Allegro MicroSystems’s peers in the processors and graphics chips segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Qorvo delivered year-on-year revenue growth of 8.4%, meeting analysts’ expectations, and Penguin Solutions reported flat revenue, topping estimates by 1.2%. Penguin Solutions traded down 13.8% following the results.

Read our full analysis of Qorvo’s results here and Penguin Solutions’s results here.

There has been positive sentiment among investors in the processors and graphics chips segment, with share prices up 18.3% on average over the last month. Allegro MicroSystems is up 26.3% during the same time and is heading into earnings with an average analyst price target of $38.92 (compared to the current share price of $33.85).

P.S. STOP buying the AI stocks everyone's talking about. The real money? It’s in the profitable pick nobody’s watching yet. We’ve identified an AI profit machine that’s flying under Wall Street’s radar—for now. We can’t keep this research public forever—grab your FREE copy before we pull it offline. GO HERE NOW.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  246.03
-7.76 (-3.06%)
AAPL  307.34
-3.89 (-1.25%)
AMD  466.38
-56.82 (-10.86%)
BAC  53.83
-0.06 (-0.11%)
GOOG  365.76
-3.51 (-0.95%)
META  593.00
-34.57 (-5.51%)
MSFT  416.67
-11.38 (-2.66%)
NVDA  205.10
-13.56 (-6.20%)
ORCL  213.68
-22.66 (-9.59%)
TSLA  391.00
-27.45 (-6.56%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.