Allegro MicroSystems, Inc. (ALGM) Q3 Earnings and Revenues Beat Estimates
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Allegro MicroSystems, Inc. (ALGM) reported Q3 earnings of $0.07 per share, surpassing the Zacks Consensus Estimate of $0.06. However, this is a decrease from $0.32 per share a year ago.
January 30, 2025 | 2:30 pm
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Allegro MicroSystems reported Q3 earnings of $0.07 per share, exceeding expectations but showing a decline from last year's $0.32 per share.
The earnings beat is a positive indicator for short-term stock performance, but the year-over-year decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100