Earnings ·
Allegro MicroSystems reports Q2 sales of $277M, up 29% year-over-year
ALGMAllegro Microsystems, Inc.
Allegro MicroSystems reported second quarter fiscal 2027 net sales of $276.9 million, a 29% increase from the prior-year period. GAAP diluted earnings per share quadrupled to $0.12, while non-GAAP EPS doubled to $0.26. The company cited strong momentum in Automotive and Industrial end markets, with Data Center sales reaching record levels. Allegro also provided third-quarter guidance of $278 million to $288 million in net sales. Allegro MicroSystems is a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems.