Allegro Microsystems Inc (NAS:ALGM)
$ 21.48 -0.09 (-0.42%) Market Cap: 3.95 Bil Enterprise Value: 4.20 Bil PE Ratio: 0 PB Ratio: 4.21 GF Score: 77/100

Allegro Microsystems Inc at Needham Growth Conference Transcript

Jan 10, 2023 / 03:15PM GMT
Release Date Price: $31.87 (+1.95%)
Nathaniel Quinn Bolton
Needham & Company, LLC, Research Division - Senior Analyst

Good morning, and welcome, everybody, to the 25th Annual Needham Growth Conference. My name is Quinn Bolton. I am the semiconductor and semiconductor equipment analyst for Needham. It's my pleasure to host this fireside chat with Allegro MicroSystems. Allegro is a leading supplier of magnetic sensors and power ICs, targeting the automotive and industrial markets. The company holds #1 share position in mag sensors worldwide as well as the leading position in current sensors. We believe Allegro is well positioned for a recovery in automotive production and for growing content per vehicle driven by the trends towards safety and ADAS as well as electrification.

Joining me from the company are President and CEO, Vineet Nargolwala; and CFO, Derek D'Antilio. We also have (inaudible) Hoover from Investor Relations in the audience. Vineet, Derek, (inaudible) , thank you for joining us.

Vineet A. Nargolwala
Allegro MicroSystems, Inc. - President, CEO & Director

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