Astera Labs delivers blowout earnings and revenue beat

Astera Labs Third Quarter 2024 Earnings: Beats Expectations
Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Looking ahead, revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.
Astera Labs: Soaring On Q3 Earnings Beat
Astera Labs' strong Q3 earnings led to a 30% surge in shares, but its high valuation raises concerns for potential investors vs. NVIDIA. Learn more on ALAB stock here.
Astera Labs delivers blowout earnings and revenue beat and its stock jumps
AI is all the rage in the technology industry now, so it makes sense that Astera is reaping the rewards. The Santa Clara, California-based company manufactures and sells data center chips that are used by all three big cloud infrastructure providers – Amazon Web Services Inc., Google LLC and Microsoft Corp.
Nvidia Supplier Astera Labs Surges on Strong Q3 Results
Astera Labs shares are jumping around 25% Tuesday morning, after the Nvidia supplier reported strong earnings results on the back of demand for its artificial intelligence (AI) products.
Astera Labs Reports Record Q3 Revenue and Growth
Astera Labs, Inc. ( (ALAB) ) has released its Q3 earnings. Here is a breakdown of the information Astera Labs, Inc. presented to its investors.
Astera Labs Heads Skyward After Stellar Q3 Earnings Report
Astera Labs delivered a beat-and-raise third-quarter earnings report thanks to its heavy exposure to the artificial intelligence megatrend.
Astera Labs soars as Q3 results, guidance show AI train is rolling on
Newly public semiconductor company Astera Labs (ALAB) soared 24% in premarket trading on Tuesday after it reported third-quarter results and guidance. Read for more.
Why Astera Labs Skyrocketed Today
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Astera Labs Stock Surges After Earnings. It’s Part of the Nvidia Trade.
Astera Labs stock surged 22% ahead of the open Tuesday as the semiconductor company’s earnings provided even more reason for ...
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Astera Labs Inc (ALAB) Stock: More Robust Than the Numbers Suggest?
On Tuesday, Astera Labs Inc (ALAB) stock saw a modest uptick, ending the day at $95.91 which represents a slight increase of $26.26 or 37.70% from the prior close of $69.65. The stock opened at $86.35 ...
Astera Labs, Inc. (NASDAQ:ALAB) Receives Consensus Rating of “Buy” from Brokerages
Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) has earned an average rating of “Buy” from the eleven analysts that are ...
Astera Labs, Inc: Strong Quarterly Performance and Promising Growth Trajectory Drive Buy Rating
In a report released today, Joseph Moore from Morgan Stanley maintained a Buy rating on Astera Labs, Inc. (ALAB – Research Report), with ...
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Decoding Astera Labs Inc (ALAB): A Strategic SWOT Insight
Warning! GuruFocus has detected 2 Warning Sign with ALAB. Astera Labs Inc (NASDAQ:ALAB), a company at the forefront of ...
These Stocks Are Moving the Most Today: Palantir, DJT, Astera Labs, Celanese, Archer Daniels, DuPont, Marqeta, Super Micro, and More
Third-quarter revenue jumps 30% at Palantir, driven by demands for artificial intelligence, while Trump Media shares extend ...
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Astera Labs joins UALink alliance for US$5 billion market
Astera Labs, a manufacturer of high-speed transmission interface chips, has announced the debut of a new switch chip series and the official joining of the UALink alliance. The company having ...