Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020

This post was originally published on this site

–Strong Growth and Solid Operating Results–

MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second fiscal quarter ended September 25, 2020. Total net sales for the three-month period ended September 25, 2020 was $136.6 million, an increase of 18.8% from the prior quarter, demonstrating strong revenue recovery.

Article from: