Allegro MicroSystems (NasdaqGS:ALGM) Q3 2026 Earnings call January 29, 2026 08:30 AM ET Company ParticipantsBlayne Curtis - Managing Director of Equity ResearchChris Caso - Managing DirectorDerek D'Antilio - CFOJalene Hoover - VP of Investor Relations and Corporate CommunicationsJoshua Buchalter - Managing Director and Equity Research of SemiconductorsMike Doogue - President and CEOTimothy Arcuri - Equity ResearchConference Call ParticipantsGary Mobley - Managing Director and Senior Equity AnalystJoe Moore ...

Allegro MicroSystems (NasdaqGS:ALGM) Q3 2026 Earnings call January 29, 2026 08:30 AM ET Company ParticipantsBlayne Curtis - Managing Director of Equity ResearchChris Caso - Managing DirectorDerek D'Antilio - CFOJalene Hoover - VP of Investor Relations and Corporate CommunicationsJoshua Buchalter - Managing Director and Equity Research of SemiconductorsMike Doogue - President and CEOTimothy Arcuri - Equity ResearchConference Call ParticipantsGary Mobley - Managing Director and Senior Equity AnalystJoe Moore ...

Group 1 - Allegro MicroSystems, Inc. (ALGM) shares increased by 10.8% to close at $31.53, driven by higher trading volume compared to typical sessions, despite a 1% loss over the past four weeks [1] - The growth in automotive and data center revenues is attributed to advancements in AI-led server architectures and e-mobility solutions [1] - The company is expected to report quarterly earnings of $0.14 per share, reflecting a year-over-year increase of 100%, with revenues projected at $224.41 million, up 26.2% from the previous year [2] Group 2 - The consensus EPS estimate for Allegro MicroSystems has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [3] - Allegro MicroSystems holds a Zacks Rank of 3 (Hold) within the Zacks Electronics - Semiconductors industry [4] - Another company in the same industry, Nova Ltd. (NVMI), closed 2.2% higher at $391.31, with a 15% return over the past month [4]

Core Viewpoint - REE Automotive Ltd. is transitioning to a technology-first approach, focusing on software-defined vehicle (SDV) technologies and partnerships to accelerate market delivery and reduce costs [2][12]. Financial Performance - As of June 30, 2025, the company reported cash and cash equivalents of $54.7 million, down from $72.3 million at the end of 2024 [5]. - The net loss for the six months ended June 30, 2025, was $24.3 million, a decrease of approximately 33% from $36.0 million for the same period in 2024 [12][16]. - Free Cash Flow (FCF) burn increased by 31% from $39.9 million in the first half of 2024 to $52.5 million in the first half of 2025 [5][23]. Cost Management - The company aims to reduce monthly operating expenses from approximately $6 million in the first half of 2025 to an estimated $3.1 to $3.3 million in Q4 2025, with a target of $1.8 million by the end of Q1 2026, representing a 70% reduction [4][12]. Strategic Partnerships - REE converted a memorandum of understanding (MOU) with a leading technology company into a binding agreement to develop a software-defined autonomous public transport shuttle, potentially generating up to $107 million over two years [2][12]. - An MOU was signed with Mitsubishi Fuso Truck and Bus Corporation to explore the application of REE's SDV capabilities in commercial vehicles, with ongoing assessments for future collaboration [2][12]. - A partnership with Cascadia Motion aims to co-develop a next-generation electric drive unit based on REEcorner™ technology, addressing the growing demand for electrification [3][12]. Operational Highlights - The company reported a significant increase in operating expenses, totaling $61.6 million for the first half of 2025, compared to $37.5 million in the same period of 2024 [15][24]. - The operating loss for the first half of 2025 was $76.0 million, compared to $38.8 million in the prior year [16].

Core Insights - MBAK Energy Solutions, Inc. is collaborating with the University of Michigan Perot-Jain TechLab and Carbon-Zero Mobility, Ltd. to enhance the charging mechanisms for its Dominion line of e-motorcycles in Kenya, focusing on usability, ruggedization, compatibility, and energy usage recording [1] - The demand for MBAK's electric two-wheelers remains robust across Europe, India, and Africa, attributed to the company's innovation, reliability, safety, and quality [2] - MBAK specializes in the development and manufacturing of non-fossil fuel energy products, including lithium, sodium, and solid-state batteries for various applications [2] Group 1 - The partnership aims to prototype improvements in the charging kit and optimize it for manufacturing, which is expected to benefit both MBAK and its partners [1] - The CEO of Carbon-Zero Mobility, Patrick Kimathi, and Chairman Boos express optimism about the project's potential to drive innovation in e-mobility [1] Group 2 - MBAK's strong market presence is supported by its record of innovation and quality in the mobility sector, particularly in electric two-wheelers [2] - The company is actively engaged in the commercialization of non-fossil fuel energy products, indicating a commitment to sustainable energy solutions [2]