$ALGM 0.55 Developing

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• @wallstengine bullish 27 eng

  ALLEGRO MICROSYSTEMS $ALGM Q1’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $259M (Est. $252M) 🟢; +27% YoY 🔹 Adj. EPS: $0.23 (Est. $0.21) 🟢 🔹 Non-GAAP Operating Margin: 19.4% Q2 Guide: 🔹 Revenue: $265M-$275M (Est. $262M) 🟢; +26% YoY 🔹 Adj EPS: $0.23-$0.26 (Est. $0.24) 🟡; +88% YoY 🔹 Non-GAAP Gross Margin: 50.75%-51.75% 🔹 Non-GAAP OpEx: $84.5M +/- $1M Segment Net Revenue: 🔹 Industrial and Other: $93.9M; +59% YoY Other Q1 Metrics: 🔹 Data Center % of Total Sales: 17%, record 🔹 Non-GAAP Gross Margin: 51.1% Comments: 🔸 “These results were led by data center, which reached a record 17% of total sales, and by continued strength in xEV and ADAS.” 🔸 “Increasing bookings and an expanding backlog strengthen our confidence in our strategy and growth potential.”

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