ALGM Q2 FY2027 earnings: EPS beat by 6.3%, revenue beat by 2.2%
Allegro MicroSystems reported Q2 FY2027. EPS came in at $0.26 against a $0.24 consensus, beat by 6.3%. Revenue was $276.9M versus $270.9M expected, beat by 2.2%. Gross margin was 49.2%, up 70 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.26 | $0.24 | beat by 6.3% |
| Revenue | $276.9M | $270.9M | beat by 2.2% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $276.9M | +6.8% | +29.2% |
| Gross profit | $136.2M | +8.4% | +37.1% |
| Operating income | $35.4M | +39.2% | +467.8% |
| Net income | $23.3M | +46.5% | +256.8% |
| Diluted EPS | $0.12 | +50.0% | +242.9% |
| Gross margin: 49.2%. |
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The trend
Revenue is up 29.2% from the same quarter last year. Gross margin sits at 49.2%, a new high for the period charted.
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How it stacks up
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