Allegro MicroSystems Fiscal Q2 Adjusted Earnings, Revenue Rise; Issues Fiscal Q3 Outlook

09:15 AM EDT, 10/29/2026 (MT Newswires) -- Allegro MicroSystems (ALGM) reported fiscal Q2 adjusted earnings Thursday of $0.26 per diluted share, up from $0.13 a year earlier. Analysts polled by FactSet expected $0.25. Revenue for the quarter ended Sept. 25 was $276.9 million, up from $214.3 million a year earlier. Analysts expected $270.9 million. The company said it expects fiscal Q3 adjusted diluted earnings per share between $0.25 and $0.29, along with revenue of $278 million to $288 million. Analysts expect $0.27 and $276.7 million, respectively.