StockStory6d agobullish
Allegro MicroSystems (NASDAQ:ALGM) Q1: Beats On RevenueChip designer Allegro MicroSystems (NASDAQ:ALGM) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 26.1% year on year to $243.2 million. Guidance for next quarter’s revenue was better than expected at $250 million at the midpoint, 1.9% above analysts’ estimates. Its GAAP loss of $0.09 per share was significantly below analysts’ consensus estimates.