Allegro MicroSystems — Second Quarter 2027 Earnings Summary

Allegro MicroSystems reported second-quarter 2027 net sales of $276.9 million, representing a 29% year-over-year increase driven by strong performance in the Automotive and Industrial end markets. The company achieved record sales in the Data Center sector and reported GAAP earnings per share of $0.12, which quadrupled compared to the prior year, while non-GAAP diluted EPS reached $0.26. Operating margins improved significantly to 12.8% on a GAAP basis and 20.6% on a non-GAAP basis, supported by a robust backlog and a 40% year-over-year increase in design wins. Looking ahead to the third quarter, the company forecasts total net sales between $278 million and $288 million, implying 23% year-over-year growth.