NasdaqGS:ALGMSemiconductor
A Look At Allegro MicroSystems (ALGM) Valuation As Earnings Turn Positive And Guidance Improves
Allegro MicroSystems (ALGM) has caught investor attention after reporting third quarter net income of US$8.3 million, compared with a net loss a year earlier, along with higher sales and updated guidance for future earnings.
See our latest analysis for Allegro MicroSystems.
The earnings rebound and fresh guidance have arrived alongside a sharp shift in sentiment, with a 34.2% 1 month share price return and a 71.46% 1 year total shareholder return. However, the 3 year total shareholder return...