Allegro MicroSystems Reports First Quarter 2027 Results
Allegro MicroSystems, Inc. announced its financial results for the first quarter of fiscal 2027, showing strong momentum with $259 million in sales, a 27% year-over-year increase. The company returned to profitability with GAAP EPS of $0.08 compared to a loss the prior year, and non-GAAP EPS grew over 2.5 times to $0.23. Growth was led by data cent…