ALGM

MANCHESTER, N.H., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, is simplifying the transition from 12V to 48V automotive architectures with a complete motion control and sensing portfolio for next-generation advanced driver assistance systems (ADAS).

Allegro MicroSystems, Inc. (ALGM) Q2 2027 Earnings Call Transcript

Allegro MicroSystems NASDAQ: ALGM reported continued sales and booking momentum in its fiscal second quarter of 2027, with revenue exceeding the high end of its guidance range and growth across automotive, industrial and data center markets.

Allegro MicroSystems, Inc. (ALGM) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.13 per share a year ago.

Second Quarter Sales Increased by 29% Year-over-Year to $277 Million Record Industrial & Other and Data Center Sales GAAP EPS Quadrupled and Non-GAAP EPS Doubled Year-over-Year MANCHESTER, N.H., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq: ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter ended September 25, 2026.

We initiated a position in Allegro because vehicle electrification, driver-assistance systems and other electronic features are increasing chip content per vehicle. We initiated a position in Sterling Infrastructure because its scale and experience help it win complex, mission-critical projects. We sold Workiva stock to reduce the portfolio's exposure to software, which has been a battleground for investors as it's deemed a potential area of disruption for AI.

The Conestoga Small Cap Composite returned -11.22% net of fees in 3Q26, trailing the -9.39% return for the Russell 2000 Growth Index. Small Cap Composite top 5 leaders include Repligen, Merit Medical, Stevanato Group, Descartes Systems and Digi International. Small Cap Composite bottom 5 laggards include Mercury Systems, AAON, RBC Bearings, SPX Technologies and UL Solutions.

New products boost energy efficiency and power density as data centers transition to 800V power distribution and 48V cooling architectures. New products boost energy efficiency and power density as data centers transition to 800V power distribution and 48V cooling architectures.

New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity New portfolio addresses critical size, weight, and safety challenges in humanoid robots, as Sarcomere Dynamics collaboration enables near-human dexterity

MANCHESTER, N.H., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its second quarter fiscal year 2027 prior to the market open on Thursday, October 29, 2026.