09:18 AM EDT, 07/31/2025 (MT Newswires) -- Allegro MicroSystems ( ALGM ) reported fiscal Q1 non-GAAP earnings Thursday of $0.09 per diluted share, up from $0.03 a year earlier.

Analysts surveyed by FactSet expected $0.08.

Net sales for the quarter ended June 27 were $203.4 million, up from $166.9 million a year earlier.

Analysts surveyed by FactSet expected $197.8 million.

For fiscal Q2 ending Sept. 26, the company said it expects non-GAAP diluted EPS in the range of $0.10 to $0.14, on net sales of $205.0 million to $215.0 million. Analysts surveyed by FactSet expect $0.12 and $207.8 million, respectively.

Shares of the company were down more than 5% in recent Thursday premarket activity.