Astera Labs Inc

Earnings data Q1 2024

Earnings data Q2 2024

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.

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.

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

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

Astera Labs (ALAB) to Report Q1 Earnings: What's in Store?

Advanced Micro Devices

Broadcom

Semiconductors remain a red hot field of technology. Market analyst Charlie Bilello pointed out in a recent blog post that the iShares Semiconductor ETF (NASDAQ: SOXX ) has outperformed every other industry group over the last decade, rising 10x.

3 Semiconductor Stocks That Could Be Multibaggers in the Making: April Edition

Taiwan Semiconductor Manufacturing

Longtime chip analyst Stacy Rasgon recently told Investor's Business Daily that the development of AI infrastructure would still be occurring five or ten years from now. Moreover, Rasgon stated that Nvidia (NASDAQ: NVDA ) is still benefiting from strong demand for its products, and he thinks that those who believe that the company will experience any sort of downturn soon are mistaken.

Chip Champs: 3 AI Hardware Picks to Supercharge Your Investment Portfolio

ARM Holdings PLC

Micron Technology

Super Micro Computer

Semiconductor and computer hardware stocks tied to the artificial intelligence boom attempted to rebound on Monday after Friday's ugly sell-off.

AI Stocks Attempt Rebound After Friday's Brutal Sell-Off

In his book “100 Baggers,” investors Christopher Mayer describes rare stocks that return $100 to shareholders for every $1 of capital invested. These type of multi-bagger stocks, or heavy compounders, are often referred to as “unicorns” on Wall Street because they are so rare.

Silicon Valley's Next Unicorns: 3 Tech Disruptors to Buy on Weakness

Needham analyst Quinn Bolton and Deutsche Bank analyst Ross Seymore initiate coverage of Astera Labs with a Buy rating.

Astera Labs Stock Rises as Analysts Say Buy the Stock. It's a ‘Unique Investment.

Recent IPO Astera Labs nabbed a bunch of buy ratings on Monday as Wall Street analysts initiated coverage of the chipmaker.

Recent IPO Astera Labs Gets Bullish Analyst Coverage

The first big batch of analysts weighed in on Astera Labs Inc. shares before Monday's open, and the verdict was unanimously bullish.

Why Astera Labs' stock strikes bulls as a unique buy despite lofty valuation

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Conference Call to Review First Quarter 2024 Financial Results on May 7, 2024.

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

Trump Media & Technology Group Corp

Reddit Inc

GE Vernova LLC

These four IPO stocks all started trading recently, running up gains before retreating.

IPO Stock Check Up: How Are Recent Launches Trump Media, Reddit And Others Faring?

Chipmaker Astera Labs struck while the iron was hot with its initial public offering, capitalizing on investor enthusiasm for AI stocks.

Astera Labs Reaches For The Stars With AI Networking Chips

Astera Labs had its initial public offering last week and has gotten off to a strong start on the market. The stock climbed higher this week thanks to bullish coverage published by Northland.

Why Astera Labs Stock Jumped This Week

Artificial intelligence (AI) continues to be a catalyst that's driving the stock market higher and semiconductor stocks are the main beneficiaries of the AI trade. In his weekly newsletter, analyst Charlie Bilello notes that semiconductor stocks have “trounced every other industry group in the last 10 years, rising 10x.

3 Semiconductor Stocks to Buy for the Next Bull Run: March 2024

CNBC's Jim Cramer gave investors his take on the valuation of Astera Labs, which debuted on the market last week.

Jim Cramer says newly public Astera Labs is already too expensive

There are several catalysts driving the stock market to record highs right now. These include expectations for lower interest rates, a resilient economy, strong corporate earnings, and a bull run in commodity prices with gold at an all-time high.

3 Stocks That Could Turn Your Portfolio Into a Cash Cow

Morgan Stanley captured the coveted lead left spot on IPOs for Reddit and Astera Labs this week.

Big week for tech IPOs Reddit, Astera boosts Morgan Stanley after extended lull

Auna SA

Black Hawk Acquisition Corp

Boundless Bio Inc

Intelligent Group Ltd

Mobile-Health Network Solutions

Four IPOs (Astera Labs, Reddit, Auna & Intelligent Group) priced this past week, joined by one SPAC (Black Hawk Acquisition). Two sizable issuers submitted initial filings - Centuri Holdings and Ibotta.

U.S. IPO Weekly Recap: Tech IPOs Pop As End Of March Approaches

Airbnb

Cava Group, Inc.

Despite moving sideways for much of March, the stock market remains near all-time highs and there are plenty of stocks that are trending upwards. Stocks that suffered during the Covid-19 pandemic and struggled to get their operations back online and their financial house in order now appear to be back on track.

3 Stocks That Could Crush the Market in 2024

Astera Labs surged more than 16% on its second day of trading on Thursday, as euphoria over artificial intelligence continued to power the stock, putting the chipmaker on course to add about $1.5 billion in market value.

News for Astera Labs Inc Stock (ALAB)