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Astera Labs, Inc. (ALAB)
NASDAQ:ALAB
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.28Last Year’s EPS
0.1Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 10, 2025
|% Change Since: -14.39%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
Astera Labs reported strong financial results with record-breaking revenue growth and a positive outlook for 2025. Despite a decrease in gross margin and increased operating expenses, the strategic acquisitions and product expansion position the company well for future growth.Company Guidance
Astera Labs' recent earnings call highlighted robust financial performance and provided guidance for future growth. The company reported Q4 2024 revenue of $141 million, marking a 25% increase from the previous quarter and a 179% rise from the same period last year. Fiscal year 2024 saw total sales reach $396 million, a 242% year-over-year increase. Non-GAAP gross margin for the year was 76.6%. For Q1 2025, revenue is expected to range between $151 million and $155 million, with a gross margin of approximately 74%. The company anticipates continued growth from its Aries and Taurus product families and a significant ramp in its Scorpio product line, which is expected to account for at least 10% of 2025 revenues. Astera Labs also plans to leverage industry trends such as AI and cloud infrastructure investments to drive above-market growth.Record-Breaking Quarterly Revenue
Astera Labs delivered strong Q4 results, setting the sixth consecutive record for quarterly revenue at $141 million, which was up 25% from last quarter and up 179% versus Q4 of the prior year.
Significant Full Year Revenue Growth
Full year sales for 2024 increased by 242% year-over-year to $396 million, showcasing the company's strong performance and expansion.
High Non-GAAP Gross Margin
Astera Labs reported a robust fiscal 2024 non-GAAP gross margin of 76.6%, reflecting the value of its expanding product portfolio.
Strategic Acquisition
The company closed a small, but strategic acquisition in Q4 to accelerate product development and strengthen foundational IP capability.
Positive Outlook for 2025
Astera Labs anticipates 2025 to be a breakout year with continued deployment of AI accelerator platforms and projection of Scorpio product revenue to comprise at least 10% of total revenue for 2025.
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ALAB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALAB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 10, 2025 | $103.29 | $92.04 | -10.89% |
| Nov 04, 2024 | $69.65 | $95.91 | +37.70% |
| Aug 06, 2024 | $42.48 | $36.37 | -14.38% |
| May 07, 2024 | $76.19 | $69.26 | -9.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Astera Labs, Inc. (ALAB) report earnings?
Astera Labs, Inc. (ALAB) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Astera Labs, Inc. (ALAB) earnings time?
Astera Labs, Inc. (ALAB) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALAB EPS forecast?
ALAB EPS forecast for the fiscal quarter 2025 (Q1) is 0.28.
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