AI Earnings Predictions for Allegro MicroSystems Inc. (ALGM)

EX-99.1

2 algm-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Allegro MicroSystems Reports Second Quarter 2027 Results

Second Quarter Sales Increased by 29% Year-over-Year to $277 Million

Record Industrial & Other and Data Center Sales

GAAP EPS Quadrupled and Non-GAAP EPS Doubled Year-over-Year

Manchester, NH, October 29, 2026 – Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter ended September 25, 2026.

“We saw continued strong momentum in our fiscal second quarter, delivering our seventh consecutive quarter of sequential sales growth. Sales were $277 million, representing a 29% increase year-over-year. GAAP earnings per share quadrupled from $0.03 per share in the fiscal second quarter of 2026 to $0.12. Non-GAAP EPS grew to $0.26, doubling over the second quarter of fiscal 2026. Broad year-over-year sales growth in Automotive and Industrial end markets drove this strong performance, led by data center, which established a new record,” said Mike Doogue, President and CEO of Allegro. “Our forward demand signals strengthened significantly this quarter. We delivered our highest quarterly design-win performance since our 2020 IPO—up nearly 40% year-over-year—and bookings increased for the eighth consecutive quarter. With record design wins, a robust backlog, and expanding content across our target Automotive and Industrial markets, the leading indicators across our business give us high confidence in our path to exceed our target model of mid-teens annual sales growth.”

“During the quarter, we also continued to execute on our strategic priorities of expanding profitability and generating strong cash flow,” said Derek D’Antilio, Executive Vice President and CFO of Allegro. “On September 30, 2026, following the close of the second quarter, we made another $25 million voluntary debt repayment, underscoring the strength of our balance sheet and our confidence in Allegro’s anticipated free cash flow generation.”

Second Quarter Financial Highlights:

In thousands, except per share data

Three-Month Period Ended

Six-Month Period Ended

September 25, 2026

June 26, 2026

September 26, 2025

September 25, 2026

September 26, 2025

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

Net Sales

Automotive

$

172,492

$

165,349

$

155,845

$

337,841

$

300,109

Industrial and Other

104,392

93,894

58,449

198,286

117,590

Total net sales

$

276,884

$

259,243

$

214,294

$

536,127

$

417,699

GAAP Financial Measures

Gross margin %

49.2

%

48.5

%

46.3

%

48.8

%

45.6

%

Operating margin %

12.8

%

9.8

%

2.9

%

11.4

%

0.8

%

Diluted EPS

$

0.12

$

0.08

$

0.03

$

0.21

$

(0.04

)

Non-GAAP Financial Measures

Gross margin %

51.5

%

51.1

%

49.6

%

51.3

%

48.9

%

Operating margin %

20.6

%

19.4

%

13.9

%

20.0

%

12.5

%

Diluted EPS

$

0.26

$

0.23

$

0.13

$

0.48

$

0.21

Business Outlook

For the third quarter of fiscal year 2027 ending December 25, 2026, the Company expects total net sales to be in the range of $278 million to $288 million. At the midpoint of this range, it implies growth in net sales of 23% year-over-year.

The Company also estimates the following results on a non-GAAP basis:

• Gross Margin is expected to be between 51.5% and 52.5%,

• Operating expenses are expected to be $87 million, plus or minus $1 million, and

• Diluted Earnings per Share is expected to be between $0.25 and $0.29, with the mid-point of this range implying an 80% year-over-year increase.

Allegro has not provided a reconciliation of its third fiscal quarter outlook for non-GAAP Gross Margin, non-GAAP Operating Expenses, and non-GAAP Diluted Earnings per Share because estimates of all of the reconciling items cannot be provided without unreasonable efforts. It is difficult to reasonably provide a forward-looking estimate between such forward-looking non-GAAP measures and the comparable forward-looking U.S. generally accepted accounting principles (“GAAP”) measures. Certain factors that are materially significant to Allegro’s ability to estimate these items are out of its control and/or cannot be reasonably predicted.

Earnings Webcast

A webcast will be held on Thursday, October 29, 2026 at 8:30 a.m., Eastern Time. Michael C. Doogue, President and Chief Executive Officer, and Derek P. D’Antilio, Executive Vice President and Chief Financial Officer, will discuss Allegro’s business and financial results.

The webcast will be available on the Investor Relations section of the Company’s website at investors.allegromicro.com. A recording of the webcast will be posted in the same location shortly after the call concludes and will be available for at least 90 days.

About Allegro MicroSystems

Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensin

EX-99.1

2 algm-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

Allegro MicroSystems Reports First Quarter 2027 Results

First Quarter Sales Increased by 27% Year-over-Year to $259 Million

Manchester, NH, July 30, 2026 – Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its first quarter ended June 26, 2026.

“We began fiscal 2027 with strong momentum, delivering our sixth consecutive quarter of sales growth. Fiscal first quarter sales were $259 million, representing a 27% increase year-over-year. GAAP earnings per share improved to $0.08 in fiscal first quarter 2027 from a $0.07 loss per share in fiscal first quarter 2026. Non-GAAP EPS grew for the fifth consecutive quarter to $0.23, increasing more than 2.5x over the first quarter of fiscal 2026. These results were led by data center, which reached a record 17% of total sales, and by continued strength in xEV and ADAS,” said Mike Doogue, President and CEO of Allegro MicroSystems. “Our market leading products and technology sit at the intersection of AI, electrification, and automation — the defining megatrends powering growth across our Auto and Industrial end markets. Increasing bookings and an expanding backlog strengthen our confidence in our strategy and growth potential.”

First Quarter Financial Highlights:

In thousands, except per share data

Three-Month Period Ended

June 26, 2026

March 27, 2026

June 27, 2025

(Unaudited)

(Unaudited)

(Unaudited)

Net Sales

Automotive

$

165,349

$

163,909

$

144,264

Industrial and Other

93,894

79,278

59,141

Total net sales

$

259,243

$

243,187

$

203,405

GAAP Financial Measures

Gross margin %

48.5

%

47.0

%

44.9

%

Operating margin %

9.8

%

2.2

%

(1.3

)%

Diluted EPS

$

0.08

$

(0.09

)

$

(0.07

)

Non-GAAP Financial Measures

Gross margin %

51.1

%

50.0

%

48.2

%

Operating margin %

19.4

%

15.6

%

11.1

%

Diluted EPS

$

0.23

$

0.17

$

0.09

Business Outlook

For the second quarter of fiscal year 2027 ending September 25, 2026, the Company expects total net sales to be in the range of $265 million to $275 million. At the midpoint of this range, it implies growth in net sales of 26% year-over-year.

The Company also estimates the following results on a non-GAAP basis:

• Gross Margin is expected to be between 50.75% and 51.75%,

• Operating expenses are expected to be $84.5 million, plus or minus $1 million, and

• Diluted Earnings per Share is expected to be between $0.23 and $0.26, with the mid-point of this range implying an 88% year-over-year increase.

Allegro has not provided a reconciliation of its second fiscal quarter outlook for non-GAAP Gross Margin, non-GAAP Operating Expenses, and non-GAAP Diluted Earnings per Share because estimates of all of the reconciling items cannot be provided without unreasonable efforts. It is difficult to reasonably provide a forward-looking estimate between such forward-looking non-GAAP measures and the comparable forward-looking U.S. generally accepted accounting principles (“GAAP”) measures. Certain factors that are materially significant to Allegro’s ability to estimate these items are out of its control and/or cannot be reasonably predicted.

Earnings Webcast

A webcast will be held on Thursday, July 30, 2026 at 8:30 a.m., Eastern Time. Michael C. Doogue, President and Chief Executive Officer, and Derek P. D’Antilio, Executive Vice President and Chief Financial Officer, will discuss Allegro’s business and financial results.

The webcast will be available on the Investor Relations section of the Company’s website at investors.allegromicro.com. A recording of the webcast will be posted in the same location shortly after the call concludes and will be available for at least 90 days.

About Allegro MicroSystems

Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel electrification, automation, AI data center, and robotics forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in “automotive-grade” technology and a partner in our customers’ success. For additional information, please visit https://www.allegromicro.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, contained in this press release including statements regarding our future results of oper

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