What's in Store for Allegro MicroSystems (ALGM) in Q3 Earnings?

Allegro MicroSystems (ALGM) is slated to release third-quarter fiscal 2024 results on Feb 1.For the fiscal third quarter, revenues are expected in the range of $250-$260 million.Non-GAAP earnings are anticipated between 27 cents and 31 cents per share.The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $255 million, suggesting 2.5% growth from the figure reported in the year-ago quarter. The consensus mark for earnings has been steady at 29 cents per share in the past 30 days, sugges ...