Oct 29, 7:09 AM ET
Allegro MicroSystems reported fiscal second-quarter 2027 net sales of $277 million, up 29% from a year earlier, with GAAP diluted EPS of $0.12 versus $0.03 a year ago. The company guided third-quarter net sales to $278 million to $288 million and non-GAAP diluted EPS to $0.25 to $0.29, which the company says implies 80% year-over-year growth at the midpoint.
- Q2 net sales $276.9 million, up 29% year-over-year; Industrial and Other sales up 79%
- GAAP diluted EPS $0.12 versus $0.03 in the prior-year quarter; non-GAAP diluted EPS $0.26
- Q3 guidance: net sales $278 million to $288 million; non-GAAP diluted EPS $0.25 to $0.29
- Voluntary $25 million debt repayment made on September 30, 2026
Read the filing on SEC.gov ↗
Jul 30, 7:07 AM ET
Allegro MicroSystems reported fiscal first quarter 2027 results for the quarter ended June 26, 2026. Net sales rose 27% year-over-year to $259 million, and GAAP diluted earnings per share were $0.08, compared with a loss of $0.07 a year earlier. The company guided fiscal second-quarter net sales to $265 million to $275 million.
- Net sales were $259.2 million, up from $203.4 million a year earlier; Industrial and Other rose 59% and Automotive rose 15%.
- GAAP diluted EPS was $0.08 versus a $0.07 loss in the prior-year quarter; non-GAAP diluted EPS was $0.23 versus $0.09.
- For the quarter ending September 25, 2026, net sales are expected at $265 million to $275 million and non-GAAP diluted EPS at $0.23 to $0.26.
Read the filing on SEC.gov ↗
Jun 18, 8:09 AM ET
Allegro MicroSystems added Brian C. White, a former public-company semiconductor CFO, as a director effective June 17, 2026, and appointed him to the Audit and Compensation Committees. The board also approved a reduction from 11 to nine directors after the 2026 annual meeting, when two current directors will leave because they are not standing for reelection.
- Brian C. White elected Class III director effective June 17, 2026, serving until the 2026 annual meeting
- Board expanded from nine to 11 directors, then set to decrease to nine after the 2026 annual meeting
- White named to Audit Committee and Compensation Committee; board found him independent under Nasdaq rules
- Richard R. Lury and Susan D. Lynch previously disclosed they will not stand for reelection at the 2026 annual meeting
Read the filing on SEC.gov ↗
May 13, 4:12 PM ET
Allegro MicroSystems expanded its board to ten members and elected Robert J. Willett as a Class III director effective May 13, 2026, with seats on the Audit and Compensation Committees. Directors Susan D. Lynch and Richard R. Lury will leave the board at the August 5, 2026 annual meeting after deciding not to stand for reelection, and the filing states neither departure stems from a disagreement with the company. The changes reshape board composition, and the filing discloses no financial results.
- Robert J. Willett elected to the board effective May 13, 2026, and appointed to the Audit and Compensation Committees
- Board expanded from nine to ten seats under the Second Amended and Restated Stockholders Agreement dated July 29, 2024, with Sanken Electric Co., Ltd.
- Susan D. Lynch (notified May 11, 2026) and Richard R. Lury (notified May 13, 2026) will not stand for reelection at the August 5, 2026 annual meeting
- Board determined Willett is independent and an audit committee financial expert; he previously served 14 years as CEO of Cognex Corporation
Read the filing on SEC.gov ↗
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