Allegro MicroSystems (NASDAQ:ALGM) Q3 Sales Beat Estimates, Stock Soars
Update: 2025-10-30
Description
Allegro MicroSystems' Q3 2025 financial results exceeded expectations, with a 14.4% sales increase to $214.3 million, surpassing Wall Street's predictions by $3 million. The company's electric vehicle and industrial products segments saw over 20% growth. Despite slightly below-par profit per share, Allegro's operating and free cash flow margins remained steady or improved, and inventory days decreased. This positive performance follows a two-year decline and signals a potential industry shift, with analysts now predicting an 18% sales growth next year. The stock price rose by over 6% post-earnings, reflecting investor optimism, but inventory levels remain a cautious note.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
