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Allegro MicroSystems, Inc. (NASDAQ:ALGM) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

By Yahoo! Finance   |   Nov 2, 2024 at 09:27 AM EST
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Allegro MicroSystems, Inc. reported a negative quarterly result, leading to an 8.4% drop in shares. Analysts predict a 12% revenue decline in 2025, with losses decreasing.

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