Welcome to our dedicated page for Allegro Microsystems news (Ticker: ALGM), a resource for investors and traders seeking the latest updates and insights on Allegro Microsystems stock.
Allegro MicroSystems develops power and sensing semiconductor solutions for motion control and energy-efficient systems, including magnetic sensing devices, sensor ICs and application-specific analog power ICs used in automotive, clean energy, industrial automation, AI data center and robotics applications.
Recurring news for ALGM covers quarterly and fiscal-year results, business outlook, product launches and portfolio expansions. Company updates include Hall-effect and TMR current sensors such as ACS37017, ACS37100 and ACS37200, Power-Thru isolated SiC gate drivers, term-loan financing actions, leadership appointments, analyst-day materials and strategy discussions tied to electrification, automation and high-voltage power conversion.
Allegro MicroSystems (Nasdaq: ALGM) reported fiscal Q1 2027 net sales of $259.2 million, up 27% year-over-year, driven by automotive revenue of $165.3 million (+15%) and industrial/other revenue of $93.9 million (+59%). GAAP gross margin increased to 48.5% and GAAP operating margin to 9.8%. GAAP diluted EPS improved to $0.08 from a $0.07 loss, while non-GAAP diluted EPS rose to $0.23 from $0.09.
According to Allegro, non-GAAP gross margin reached 51.1% and non-GAAP operating margin 19.4%. Data center applications represented a record 17% of total sales, with continued strength in xEV and ADAS. For Q2 FY27, the company guides net sales to $265–$275 million (midpoint +26% YoY) and non-GAAP diluted EPS of $0.23–$0.26, with the midpoint implying an 88% year-over-year increase.
Clean Harbors (NYSE: CLH) appointed long-time independent director Robert Willett as Chairman of the Board, effective immediately, completing the transition initiated in May when Founder and Executive Chairman Alan S. McKim announced his decision to retire from the Board after more than 40 years of service.
According to Clean Harbors, McKim founded the company in 1980 and led its development into a leading North American environmental and industrial services provider. Willett has served on the Clean Harbors board since 2019 and previously spent 14 years as CEO of Cognex Corporation, during which Cognex expanded its global footprint and nearly tripled revenue. Management highlights Willett’s operating background, capital allocation discipline and familiarity with Clean Harbors’ strategy and governance as key assets for his new leadership role alongside co-CEOs Eric Gerstenberg and Mike Battles.
Allegro MicroSystems (Nasdaq: ALGM) plans to release its first quarter fiscal year 2027 financial results before the market opens on Thursday, July 30, 2026. Management will host an earnings conference call at 8:30 a.m. ET, with live and archived webcasts available to investors.
Allegro MicroSystems (Nasdaq: ALGM) introduced the A81415, described as the industry's first ASIL-D-certified safety PMIC integrating a wheel-speed sensor interface for electromechanical braking and brake-by-wire systems.
The single-chip design can eliminate up to nine external components, save up to $4 semiconductor BOM per vehicle, free over 50% PCB area, and offers a 12V-to-48V scalable architecture when paired with the APM81815 pre-regulator.
Allegro MicroSystems (Nasdaq: ALGM) appointed Brian C. White to its Board of Directors as an independent director, effective June 17, 2026.
White brings over 30 years of semiconductor and high-tech leadership, including CFO roles at Ambarella, Maxim Integrated Products, and Integrated Device Technology, plus deep experience in financial strategy, governance, and corporate development.
Allegro MicroSystems (Nasdaq: ALGM) appointed Robert J. Willett to its Board of Directors as an independent director, effective May 13, 2026.
Willett, former CEO of Cognex, adds extensive experience in industrial technology, sensors, automation, global operations, and capital deployment to support Allegro’s strategy and shareholder value.
Allegro MicroSystems (Nasdaq: ALGM) will present at TD Cowen’s 54th Annual Technology, Media & Telecom Conference on Wednesday, May 27, 2026, at the InterContinental New York Barclay.
EVP and CFO Derek D’Antilio will join a fireside chat at 1:15 PM ET, with live and archived webcasts on Allegro’s investor relations website.
Allegro MicroSystems (Nasdaq: ALGM) reported Q4 sales of $243.2M, up 26% year‑over‑year, and fiscal 2026 sales of $890.1M, up 23%.
Non‑GAAP diluted EPS was $0.17 in Q4 and $0.54 for the year. Q4 Data Center sales reached a record 14% of total sales. Q1 FY2027 guidance: $245M–$255M net sales and non‑GAAP EPS of $0.19–$0.23.
Allegro MicroSystems (Nasdaq: ALGM) will release fourth quarter and fiscal 2026 financial results before market open on May 7, 2026. A conference call with CEO Mike Doogue and CFO Derek D’Antilio will follow at 8:30 a.m. ET to discuss results and outlook.
Dial-in registration is required for participants; a live webcast will be available and archived for at least 90 days in the Events & Presentations section of the investor website.
Allegro MicroSystems (Nasdaq: ALGM) introduced the ACS37017, a factory-calibrated Hall-effect current sensor claiming an industry-leading 0.55% typical sensitivity error over lifetime and temperature. The device integrates a precision voltage reference, reinforced high-voltage isolation, and a compact monolithic SMD package.
The ACS37017 completes Allegro’s current-sensor lineup alongside the high-bandwidth ACS37100 and high-density ACS37200, targeting AI data centers, xEVs, and clean-energy power converters. Engineers can request a preliminary datasheet and engineering samples at the company website.