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) will report second quarter fiscal 2026 financial results before the market open on Thursday, October 30, 2025. A conference call with CEO Mike Doogue and CFO Derek D’Antilio will follow at 8:30 a.m. ET to review results and outlook.
Analysts and investors must complete advanced dial-in registration to receive a dial-in number and PIN. A live webcast will be available, and an archived audio webcast will remain accessible for at least 90 days on the company’s Investors site under Events & Presentations.
Kopin Corporation (NASDAQ: KOPN), a provider of optical systems and microdisplays, has appointed Erich Manz as its new Chief Financial Officer. Manz brings over 30 years of financial and accounting experience in sensing, analog power, and semiconductor technology markets.
The appointment comes as part of Kopin's strategic evolution in application-specific optical solutions. Manz will replace Rich Sneider, who announced his retirement in May and will remain with the company for approximately three months to ensure a smooth transition.
Allegro MicroSystems (Nasdaq: ALGM) reported strong Q1 2026 financial results with total net sales of $203 million, representing a 22% year-over-year growth. The company saw significant growth across segments, with e-Mobility up 31% and Industrial/Other up 50% year-over-year.
Key financial metrics include non-GAAP EPS of $0.09 (3x year-over-year increase), free cash flow of $51 million (25% of sales), and voluntary debt repayments of $35 million. The company's Q2 FY2026 outlook projects net sales between $205-215 million with non-GAAP diluted EPS expected between $0.10-0.14.
Allegro MicroSystems (Nasdaq: ALGM) has scheduled its first quarter fiscal year 2026 earnings release for Thursday, July 31, 2025, before market open. The company will host a conference call at 8:30 a.m. Eastern Time featuring President and CEO Mike Doogue and CFO Derek D'Antilio to discuss financial results and business outlook.
Investors and analysts can participate through a live webcast or dial-in, with advanced registration required for phone access. The webcast recording will remain available for 90 days on the company's investor relations website.
Allegro MicroSystems (NASDAQ: ALGM), a leading provider of power and sensing semiconductor solutions, has announced its participation in TD Cowen's 53rd Annual Technology, Media & Telecom Conference. The event will take place on May 29, 2025, at the InterContinental New York Barclay in New York. Derek D'Antilio, EVP and Chief Financial Officer, will engage in a fireside chat at 1:15 PM ET. Investors can access both live and archived webcasts of the presentation through the company's Investor Relations webpage at www.allegromicro.com.
Allegro MicroSystems (ALGM) has scheduled the release of its fourth quarter and fiscal year 2025 financial results before market open on Thursday, May 8, 2025. The company will host a conference call at 8:30 a.m. Eastern Time featuring President and CEO Mike Doogue and EVP/CFO Derek D'Antilio to discuss results and business outlook.
The earnings conference call will be accessible through a live webcast and dial-in option, with advanced registration required for dial-in participants. The audio webcast will remain available for at least 90 days on the company's investor relations website.
Allegro MicroSystems (NASDAQ: ALGM) has issued a statement regarding Onsemi's withdrawal of its unsolicited acquisition proposal. The company's Board of Directors, after careful review with independent financial and legal advisors, unanimously determined that Onsemi's proposals were inadequate.
Despite maintaining communication with Onsemi and providing a clear path for engagement that could lead to greater stockholder value, Onsemi declined to pursue this path. Allegro's Board remains committed to stockholder interests and emphasizes the company's unique position in addressing electrification and autonomy trends through sensing and power technologies.
The company will continue focusing on innovation in e-Mobility, clean energy, data center, robotics and automation markets to enhance its competitive advantages and market-leading positions. PJT Partners and Davis Polk & Wardwell LLP are serving as financial and legal advisors, respectively.
onsemi (NASDAQ: ON) has announced the termination of its efforts to acquire Allegro MicroSystems (NASDAQ: ALGM) and withdrawn its all-cash proposal of $35.10 per share. The decision comes after Allegro's Board of Directors showed reluctance to fully engage with the proposal.
Despite believing in the potential benefits of combining the two complementary businesses, onsemi determined there was no actionable path forward. The company will instead focus on other opportunities to enhance stockholder value and continue allocating capital towards its existing share repurchase program.
CEO Hassane El-Khoury emphasized onsemi's commitment to disciplined capital allocation and highlighted the company's strong position in core markets of automotive, industrial, and AI data centers, supported by market-leading technology and a robust innovation pipeline.
Allegro MicroSystems (ALGM) has appointed Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Madormo will lead Allegro's global sales organization, focusing on revenue growth in automotive and industrial markets. He succeeds Max Glover, who will transition to an advisory role until May 16, 2025.
Madormo brings over 25 years of semiconductor industry sales experience, most recently serving as Senior Vice President of Global Sales and Marketing at Wolfspeed, where he achieved record-setting results and led the company's transformation to Silicon Carbide leadership. His previous roles include Vice President of Americas Sales at Intel and various sales leadership positions at Altera.
CEO Mike Doogue expressed confidence that Madormo's expertise, combined with Allegro's sensing and power technology, will drive the company's growth in e-Mobility and industrial markets.