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.

The goal is to either have the put expire worthless and keep the premium, or acquire the stock below the current price. The post Astera Labs Option Trade Starts With $675 Up Front appeared first on Investor's Business Daily.

Astera Labs Option Trade Starts With $675 Up Front

Apple

Palantir Technologies

The days surrounding the Christmas holiday have historically been some of the most bullish times of the year.

Famed Santa Claus Rally Begins: Stocks to Watch

Broadcom

NVIDIA

An analyst is optimistic about the growth prospects for Nvidia's latest graphics processing unit.

3 Chip Stocks to Buy for 2025, According to Morgan Stanley

Astera Labs is poised for growth due to increasing demand for AI and cloud infrastructure, driven by hyperscalers' investments in AI chips and ASICs. The company's expanding portfolio, including the Scorpio P-series and X-series switches, and strategic partnerships with NVIDIA, AMD, Micron, and Intel, bolster its market position. ALAB's TAM is projected to grow from $17.2 billion in 2023 to $27.4 billion in 2027, with expected robust topline growth and margin expansion.

Astera Labs: A Hidden Gem In The AI Jungle - Strong Buy

Advanced Micro Devices

Marvell Technology

VanEck Vectors Semiconductor ETF

Semiconductor stocks are in the sweet spot between robust forward expectations, clean balance sheets, and fresh multi-month technical breakouts. Stock Strategist Andrew Rocco unpacks why the odds strongly favor higher prices in this leading industry.

The Semiconductor Supercycle: 5 Reasons to Stay Bullish

SoundHound AI Inc

Nvidia continues to be the runaway leader in chips used for artificial intelligence (AI). The company's leading position in the data center market has driven triple-digit revenue growth over the last few years.

Nvidia's Growth Is Slowing. Here Are 2 Lesser-Known AI Stocks With Monster Return Potential.

ALAB stock benefits from strong demand for AI-enabled servers and data center infrastructure despite stiff competition.

Astera Labs Surges 48% in a Month: Buy, Hold or Sell the Stock?

Everest Consolidator Acquisition Corp

Rubrik Inc

Reddit Inc

The most exciting upcoming IPOs include ecommerce and financial services as well as digital advertising and live entertainment platforms.

Hot Upcoming IPOs to Watch

Without a doubt, Nvidia (NASDAQ: NVDA) has dominated the artificial intelligence (AI) chip market in 2024, boosting its stock to new highs. However, Astera Labs (NASDAQ: ALAB) has emerged as a formidable competitor, outperforming Nvidia in recent months.

Forget Nvidia — Should you invest in this new AI chip leader?

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Upcoming Financial Conference Participation.

Astera Labs Announces Upcoming Financial Conference Participation

AI stock leader Astera Labs hit record highs this week, breaking out past a buy trigger. The AI chip IPO is a market leader to watch.

AI Chip Leader Astera Labs Breaks Out To New Highs

Astera Labs is an emerging leading in the red-hot artificial intelligence industry. The company boasts strong partnerships, robust forward EPS estimates, and a sound base structure.

ALAB: 5 Charts Explain the Bull Case

Initiating a 'Buy' rating for Astera Labs with a one-year target price of $110 per share due to strong growth momentum and innovative connectivity solutions. Astera Labs's COSMOS software suite and high-speed connectivity products are crucial for data center market growth, particularly in AI and cloud computing environments. Recent financial results show 206% year-on-year revenue growth, with significant future growth expected from new product launches like Scorpio X-Series and Taurus SCM.

Astera Labs: Connectivity Platform In AI World; Initiate With 'Buy'

Intel

Intel more than halved its stake in Astera Labs stock in the third quarter, missing out on a paper gain of more than $100 million.

Intel Slashed Its Stake in This AI Stock Shortly Before It Surged

Hims & Hers Health

Payoneer Global

Every earnings season has its share of outperformers, companies that report blowout quarters and raise their forecasts. The market reacts quickly sending shares sharply higher.

3 Top Stocks Crushing Q3 Earnings With Strong 2024 Guidance

Astera Labs, Inc. NASDAQ: ALAB is a leading provider of semiconductor-based connectivity solutions for cloud and artificial intelligence (AI) infrastructure, and its share price recently soared over 25% after the company reported strong third-quarter earnings results.

Astera Labs' Big Stock Jump: Can the Growth Be Sustained?

Astera Labs' recent earnings report looks like a game changer.

Why Astera Labs Skyrocketed Today

Astera Labs reported strong Q3 earnings, with revenues and EPS significantly beating estimates, causing shares to soar by over 30%. Despite impressive growth, Astera Labs' high valuation, with a sales multiple over 40, makes it too expensive for a buy rating. The company's high gross margins and potential for profitability are promising, but dilution and valuation concerns remain.

Astera Labs: Soaring On Q3 Earnings Beat

The Russell 2000 soared 1.9%, helped by a drop in the 10-year Treasury yield, which reversed lower after a strong start. The post Stock Market Jumps Despite Election Uncertainty; Astera Labs, Palantir Lead Tech Rally appeared first on Investor's Business Daily.

Stock Market Jumps Despite Election Uncertainty; Astera Labs, Palantir Lead Tech Rally

alab ALAB reported better-than-expected third-quarter EPS and sales on Monday.

These Analysts Boost Their Forecasts On Astera Labs After Upbeat Results

Astera Labs (ALAB) shares are jumping around 30% Tuesday morning, after the Nvidia (NVDA) supplier reported on Monday strong third-quarter earnings results on the back of demand for its artificial intelligence (AI) products.

Nvidia Supplier Astera Labs Surges on Strong Q3 Results

Wall Street is unanimous in its love for the stock, which is set to test its all-time high after earnings.

Astera Labs Stock Is Surging. Why the Nvidia Supplier Can Hit a Record High.

Astera Labs delivered a beat-and-raise third-quarter earnings report thanks to its heavy exposure to the artificial intelligence megatrend. The post Astera Labs Heads Skyward After Stellar Q3 Earnings Report appeared first on Investor's Business Daily.

Astera Labs Heads Skyward After Stellar Q3 Earnings Report

Start Time: 16:30 January 1, 0000 5:32 PM ET Astera Labs, Inc. (NASDAQ:ALAB ) Q3 2024 Earnings Call November 04, 2024, 16:30 PM ET Company Participants Jitendra Mohan - CEO and Co-Founder Sanjay Gajendra - President, COO and Co-Founder Mike Tate - CFO Leslie Green - IR Conference Call Participants Harlan Sur - JPMorgan Joe Moore - Morgan Stanley Blayne Curtis - Jefferies Thomas O'Malley - Barclays Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Quinn Bolton - Needham Mark Lipacis - Evercore ISI Suji Desilva - ROTH Capital Richard Shannon - Craig-Hallum Operator Hello. Good afternoon.

Astera Labs, Inc. (ALAB) Q3 2024 Earnings Call Transcript

Chipmaker Astera Labs beat Wall Street's targets for the third quarter and with its guidance for the current period. Astera Labs stock rocketed in extended trading.

News for Astera Labs Inc Stock (ALAB)