ALGM Latest Report

Performance of the Quarterly Report

Based on the provided data, Allegro (stock code: ALGM) had a total operating revenue of $178 million as of December 27, 2024. Although lacking in prior data for a year-on-year change analysis, the factors affecting this revenue level can be speculated through analyzing market demand, company operating strategies, and macroeconomic environment.

Key Data in the Financial Report

1. Allegro's total operating revenue in the first six months of 2023 (as of September 29) was $553.8 million, up 21.6% from $455.4 million in the same period of 2022.

2. Allegro's sales in the third quarter of 2024 (as of December 27) were $178 million, with management stating that sales exceeded the midpoint of guidance, showing a continuing growth trend.

3. Allegro launched a new high-bandwidth current sensor in 2024, aimed at optimizing power conversion performance, indicating a breakthrough in product innovation.

4. The global economic recovery was slow and consumer demand did not show a significant rebound in 2024, increasing industry competition.

5. Despite the macroeconomic challenges, Allegro performed well in the domestic market, with some brands achieving a 3%-7% year-on-year growth in operating revenue.

Peer Comparison

1. Industry-wide analysis: When analyzing Allegro's total operating revenue, attention should be paid to the overall industry's growth. If the entire industry shows a growth trend during this period, Allegro's revenue may also rise. According to search results, Allegro's revenue is expected to grow 74.34% annually in 2024, showing a good market prospect, indicating an overall positive industry trend. [Source](https://simplywall.st/stocks/us/semiconductors/nasdaq-algm/allegro-microsystems)

2. Peer evaluation analysis: If Allegro can maintain or exceed the average growth level of the industry, it indicates strong market competitiveness. If the revenue growth rate is lower than the industry level, it may reflect a loss of market share or insufficient operating efficiency. Although Allegro's revenue growth was not quantified for comparison with peers, the overall market environment is positive for its growth.

Summary

Through the analysis of Allegro's latest financial report and related market information, although lacking direct year-on-year data, positive factors in market demand, operating strategies, and macroeconomic environment can be speculated, which helps support its stable growth in operating revenue.

Opportunities

1. The launch of new products, such as high-bandwidth current sensors, may attract new customers and promote revenue growth.

2. If the company can continue to perform well in the domestic market, it may further enhance its market share.

3. The overall industry growth trend provides Allegro with good market opportunities, especially in terms of technological innovation.

Risks

1. The slow global economic recovery and the lack of a significant rebound in consumer demand may affect sales performance.

2. Intensified industry competition may lead to a loss of market share and squeezed profit margins.

3. Political factors and trade policy uncertainties may pose risks to the company's long-term development.