
- Price
- $42.85
- Day
- +3.20%
- Mkt Cap
- $7.98B
- 52W Range
- $22.41 – $71.77
- Volume
- 2.73M
- Beta
- 1.90

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First Trust Advisors LP decreased its holdings in Allegro MicroSystems, Inc. (NASDAQ: ALGM) by 7.6% during the undefined quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 414,897 shares of the company's stock after selling 34,083 shares during the quarter. First Trust Advisors LP owned
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Allegro beats Q1'27 estimates as record Data Center sales, stronger bookings and margin gains drive 27.5% revenue growth and a robust Q2 outlook.
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Allegro sees AI data center demand surge, with expanding design wins, backlog growth and content opportunities in electrification and automation.
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Allegro MicroSystems, Inc. (ALGM) Q1 2027 Earnings Call Transcript
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MANCHESTER, N.H., July 30, 2026 (GLOBE NEWSWIRE) -- 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.
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Allegro MicroSystems NASDAQ: ALGM reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cited operating leverage, product mix and early contributions from pricing actions.
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Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.09 per share a year ago.
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Allegro MicroSystems ALGM is scheduled to report first-quarter fiscal 2027 results on July 30, 2026, after market close.
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