Astera Labs Inc

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Astera Labs achieves record revenue and strong outlook for Q3

Astera Labs delivered exceptional financial performance in Q2 2024, with record revenue, strong operating margins, and significant growth across key product families.
The company's strategic initiatives, including global expansion, product innovation, and leadership additions, underscore its commitment to long-term success and market leadership.
While facing challenges in a competitive landscape and cost management, Astera Labs remains well-positioned to leverage opportunities in emerging technologies and market segments.
Overall, Astera Labs' Q2 earnings call highlights a trajectory of growth, innovation, and strategic focus that bodes well for its future prospects and investor confidence.

Astera Labs reports stellar Q3 results, eyes diversified revenue streams

Astera Labs demonstrated strong financial performance in Q3 with record revenue and improved operating margins, setting a positive trajectory for future growth.
The company's product strengths in Scorpio Smart Fabric Switch, Aries, and Taurus lines, coupled with software advantages, position Astera Labs well for market competitiveness.
While facing challenges in product production timing and market alignment, Astera Labs has opportunities to leverage ASIC platforms, CXL technology, and supply chain flexibility for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Astera Labs, Inc. manufactures semiconductors. It offers smart retimers, riser cards, and GPU booster cards. The company products include: Aries PCIe CXLSmart DSP Retimers, Taurus Ethernet Smart Cable Modules and Leo CXL Memory Connectivity Controllers. Astera Labs is founded by Jitendra Mohan, Casey Morrison and Sanjay Gajendra in October 2017 and headquartered in Santa Clara, CA.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Financial Results for the Second Quarter of Fiscal Year 2024.

Astera Labs Announces Financial Results for the Second Quarter of Fiscal Year 2024

AppFolio

Evolent Health

Investors must always balance growth and stability in their portfolios. While employing defensive positions is essential, deploying capital in high-growth sectors like technology can be a formula that accelerates growth.

3 Top Tech Stocks Ready for Robust Gains

Astera Labs' (ALAB) second-quarter 2024 results are expected to reflect strong demand for AI-enabled servers and data center infrastructure.

Astera Labs (ALAB) to Report Q2 Earnings: What's in Store?

Aehr Test Systems

Atomera

Semiconductor stocks are absolutely on fire right now. Investors are drawn to the promise of the chip sector, especially as it provides the raw computing power necessary to power the artificial intelligence revolution.

3 Semiconductor Stocks to Buy at a 52-Week Low in July

Astera Labs is well-positioned to benefit from the growth of the AI industry thanks to its products that are critical for data centers. Astera Labs has relationships with key players in the data center ecosystem, which shows its reliability. Astera Labs is already a dominant player in the retimer market with an 80% market share, which I expect to increase due to the company's advanced technology.

Astera Labs: Powering The Future Of AI

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results.

Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results

Mobileye Global Inc

Navitas Semiconductor Corp

I believe that many chip makers may very well be about to embark on a huge, multi-decade boom. While there's a great deal of focus on the large extent to which the advent of artificial intelligence is boosting chip makers' financial results, the chip space has other extremely powerful, positive catalysts that are getting much less attention.

3 Chip Stocks That Could Turn $500 Into a Fortune

ARM Holdings PLC

Rubrik Inc

It's no secret that catching a stock early has the potential to promise investors massive gains over a long-term time horizon. It's always difficult to identify the IPOs with solid fundamentals that will continue to grow year-on-year.

3 Early-Stage Tech Plays That Could Create Generational Wealth

For those looking for an alternative way to invest in Gen AI, Astera Labs trades at a much lower price to sales than Nvidia. The reason is the traction it is seeing for its connectivity products, which allows hyperscalers to derive the most performance out of the semiconductor giant's GPUs. However, there are risks mainly related to technological changes and competitors could become more aggressive.

Astera Labs: Emphasizing The Data Bottleneck Remover Role In Gen AI

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs set to enter India to support rapid growth as a leader in purpose-built connectivity solutions for AI and cloud infrastructure.

Astera Labs Set to Strengthen Global Footprint with Expansion into India

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Bethany Mayer to its Board of Directors. Mayer brings over 30 years of experience as a visionary leader and board member at networking, cybersecurity, and semiconductor companies. “Bethany brings a wide range of technology and leadership experiences at both global corporations and tech start-ups.

Astera Labs Appoints Bethany Mayer to Board of Directors

The latest trading day saw Astera Labs, Inc. (ALAB) settling at $64.57, representing a -0.86% change from its previous close.

Astera Labs, Inc. (ALAB) Stock Falls Amid Market Uptick: What Investors Need to Know

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs announces industry's first demonstration of end-to-end PCIe over optics for GPU clusters.

Astera Labs First to Demonstrate End-to-End PCIe over Optics for GPU Clusters Across the Data Center

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs extends Cloud-Scale Interop Lab testing to PCIe 6.x, announces new interop lab in Taiwan to facilitate close collaboration with ODMs.

CORRECTING and REPLACING Astera Labs Extends Interoperability Leadership Driving Seamless PCIe 6.x Deployment

Astera Labs Extends Interoperability Leadership Driving Seamless PCIe 6.x Deployment

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs to Participate in J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference.

Astera Labs to Participate in J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference

NVIDIA

Advanced Micro Devices

Broadcom

Marvell Technology

Jefferies analysts are upbeat on the artificial-intelligence outlook for Astera Labs, Marvell, Broadcom, and AMD, along with top pick Nvidia.

Nvidia Stock Will Lift These Other AI Chip Makers, Says Analyst

Reddit Inc

New stocks have IPOs that experience huge price swings in their first months as the market determines their true worth. This volatility presents both risks and rewards for investors.

3 New Stocks That Could Soon Join the Trillion-Dollar Club

Some semiconductor stocks tied to the artificial intelligence boom fell this week after missing sky-high whisper numbers.

AI Chip Stocks Hit Wall Of Inflated Expectations

Astera Labs, Inc. (NASDAQ:ALAB ) Q1 2024 Results Conference Call May 7, 2024 4:30 PM ET Company Participants Leslie Green - IR Jitendra Mohan - Chief Executive Officer Sanjay Gajendra - President and COO Mike Tate - CFO Conference Call Participants Harlan Sur - JPMorgan Joe Moore - Morgan Stanley Tore Svanberg - Stifel Blayne Curtis - Jefferies Thomas O'Malley - Barclays Quinn Bolton - Needham Ross Seymore - Deutsche Bank Suji Desilva - ROTH MKM Richard Shannon - Craig-Hallum Operator Thank you for standing by. My name is Regina, and I will be your conference operator today.

Astera Labs, Inc. (ALAB) Q1 2024 Earnings Call Transcript

Shares in Astera Labs (ALAB) dropped nearly 7% in premarket trading Wednesday morning even though the maker of artificial intelligence (AI) chip connectivity products surpassed Wall Street's quarterly estimates and issued an upbeat outlook.

Astera Labs Stock Drops As High Growth Expectations Outweigh Blowout Quarterly Report

Arista Networks

Microsoft

Palantir Technologies

The technology sector is losing momentum as earnings continue to paint a mixed picture, clouded by lofty expectations for AI-exposed shares.

Palantir, Arista Networks, Microsoft, Astera Labs, and Other Tech Stocks in Focus Today

Despite upbeat results for newly public semiconductor company Astera Labs Inc., its shares were sliding in Tuesday's after-hours action.

Astera Labs' blowout first earnings report is met with a sagging stock reaction

Top-performing IPO stock Astera Labs easily beat expectations for the first quarter and guided above views for Q2.

Hot IPO Stock Astera Labs Beats Q1 Targets On AI Infrastructure Spending

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary financial results for the first quarter of fiscal 2024, ended March 31, 2024. “Astera Labs started the year strong, achieving record revenue in the first quarter, driven by the accelerating deployment of AI infrastructure,” said Jitendra Mohan, Astera Labs' Chief Executive Officer. “As hyperscalers embark on.

News for Astera Labs Inc Stock (ALAB)