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Astera Labs Q3 2024 Earnings Report

Astera Labs logo
$132.17 +6.89 (+5.50%)
(As of 12/20/2024 05:45 PM ET)

Astera Labs EPS Results

Actual EPS
$0.23
Consensus EPS
$0.17
Beat/Miss
Beat by +$0.06
One Year Ago EPS
N/A

Astera Labs Revenue Results

Actual Revenue
$113.10 million
Expected Revenue
$97.50 million
Beat/Miss
Beat by +$15.60 million
YoY Revenue Growth
+47.10%

Astera Labs Announcement Details

Quarter
Q3 2024
Time
After Market Closes
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Astera Labs Earnings Headlines

Astera Labs price target raised to $142 from $94 at Morgan Stanley
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About Astera Labs

Astera Labs (NASDAQ:ALAB) designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.

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