Allegro MicroSystems swings to GAAP profit of $15.9 million in FY27 Q1; net sales rise 27% to $259.2 million year-over-year

Reuters2026/07/30 11:19

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Allegro MicroSystems posted Q1 FY2027 net sales of $259.24 million, up 27% year-over-year.
GAAP diluted EPS swung to $0.08 from a loss per share of $0.07 a year earlier.
GAAP operating income rose to $25.47 million from an operating loss of $2.74 million; GAAP gross margin widened 3.6 percentage points to 48.5%.
Non-GAAP diluted EPS climbed to $0.23 from $0.09; CEO Mike Doogue cited record data center at 17% of sales.
Forecast Q2 net sales of $265 million-$275 million, implying 26% year-over-year growth at the midpoint.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allegro Microsystems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300700PRIMZONEFULLFEED1001255120) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Allegro MicroSystems swings to GAAP profit of $15.9 million in FY27 Q1; net sales rise 27% to $259.2 million year-over-year

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