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.

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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 opens new R&D site in Bengaluru and names Dr. Shivananda Koteshwar as Managing Director of the company's India operations.

Astera Labs Opens New R&D Hub in Bengaluru to Drive AI and Cloud Innovation

Analysts at Morgan Stanley recently upgraded their rating on Astera Labs stock. Morgan Stanley's analysts think the Astera share price can climb much higher over the next year.

Why Astera Labs Stock Jumped Today

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Nvidia's Q2 results and forward guidance point to robust demand in the AI space. Despite failing to lift its own stock, Nvidia's results are powering gains for Astera Labs and many other AI stocks.

Why Astera Labs Stock Is Soaring Today

Investors need to pay close attention to Astera Labs (ALAB) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Astera Labs (ALAB) Stock?

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will participate in the Deutsche Bank 2024 Technology Conference on Aug. 29, 2024. Astera Labs' presentation is scheduled for 12:30 pm PT. A webcast of the session will be made available on Astera Labs' investor relations website at https://ir.asteralabs.com. About Astera Labs Astera Labs is a global leader in pu.

Astera Labs to Participate in the Deutsche Bank 2024 Technology Conference

24/7 Wall St. Insights Nervous investors may be wondering if semiconductor stocks are still a good bet for the rest of this year.

Prediction: This Semiconductor Stock Will Be the Best Performer the Rest of 2024

Astera Labs, Inc. (NASDAQ:ALAB ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Leslie Green - IR Jitendra Mohan - CEO Sanjay Gajendra - President and COO Mike Tate - CFO Conference Call Participants Harlan Sur - JPMorgan Joe Moore - Morgan Stanley Blayne Curtis - Jefferies Thomas O'Malley - Barclays Jeremy Kwan - Stifel Quinn Bolton - Needham Ross Seymore - Deutsche Bank Richard Shannon - Craig-Hallum Operator Good afternoon. My name is Audra, and I will be your conference operator today.

Astera Labs, Inc. (ALAB) Q2 2024 Earnings Call Transcript

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

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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?

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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

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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

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

News for Astera Labs Inc Stock (ALAB)