Allegro MicroSystems Continues To Expect A Return To Low Double-digit Sequential Sales Growth In Q2
Portfolio Pulse from Benzinga Newsdesk
Allegro MicroSystems expects a return to low double-digit sequential sales growth in Q2.
August 01, 2024 | 11:46 am
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Allegro MicroSystems expects a return to low double-digit sequential sales growth in Q2, indicating a positive outlook for the company's revenue performance.
The expectation of low double-digit sequential sales growth in Q2 suggests that Allegro MicroSystems is likely to see an improvement in its revenue performance, which is a positive indicator for the company's stock price in the short term.
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