Astera Labs Heads Skyward After Stellar Q3 Earnings Report

Nov 5, 2024 · Astera Labs began trading on March 20 with its initial public offering priced at $36 a share. At least 10 Wall Street analysts raised their price targets on Astera Labs after the …

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Astera Labs Heads Skyward After Stellar Q3 Earnings Report

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Nov 5, 2024 · Astera Labs began trading on March 20 with its initial public offering priced at $36 a share. At least 10 Wall Street analysts raised their price targets on Astera Labs after the …

investors.com

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Astera Labs Announces Financial Results For The Third Quarter Of …

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Nov 4, 2024 · “Astera Labs delivered strong Q3 results, setting our fifth consecutive quarterly revenue record and grew 47% versus the previous quarter,” said Jitendra Mohan, Astera Labs’ …

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Astera Labs Inc (ALAB) Q3 2024 Earnings Call Highlights: Record …

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Nov 5, 2024 · Astera Labs Inc (NASDAQ:ALAB) reported a record quarterly revenue of $113 million, marking a 47% increase from the previous quarter and a 206% increase from the prior …

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Why Astera Labs Skyrocketed Today | The Motley Fool

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Nov 5, 2024 · Astera Labs' Q3 performance crushes expectations. Astera Labs posted non-GAAP (adjusted) earnings per share of $0.23 on sales of $113.1 million in the third quarter. The …

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Astera Labs (ALAB) Earnings Date And Reports 2025 - MarketBeat

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6 days ago · Astera Labs announced Q3 2024 earnings on November 4, 2024, reporting an EPS of $0.23, ... The conference call transcript for Astera Labs's latest earnings report can be read …

marketbeat.com

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Astera Labs: Soaring On Q3 Earnings Beat - Seeking Alpha

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Nov 5, 2024 · 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.

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Astera Labs Reports Q3 EPS 23c, Consensus 17c - Nasdaq

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Nov 4, 2024 · Reports Q3 revenue $113.1M, consensus $97.4M. "Astera Labs (ALAB) delivered strong Q3 results, setting our fifth consecutive quarterly revenue record and grew 47% versus …

nasdaq.com

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Nvidia, AMD Supplier Astera Labs' Stock Jumps On Price

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Nov 5, 2024 · Shares of Astera Labs soared 30% on Tuesday after a stellar third-quarter (Q3) earnings report and raised guidance sparked multiple price-target hikes.The semiconductor …

stocktwits.com

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Astera Labs: The 'Switzerland' Of AI Networks Defying Status Quo

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6 days ago · Markets are expecting Astera Labs to report revenue growth of ~65% while EBITDA is expected to grow ~83% from the $117 million adj. EBITDA the company is expected to …

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FAQs about Astera Labs Heads Skyward After Stellar Q3 Earnings Report Coupon?

Does Astera labs have financial results?

Astera Labs Announces Financial Results for the Third Quarter of Fiscal Year 2024 - ASTERA LABS, INC. ...

How much will Astera labs earn in Q4?

For the current quarter, Astera Labs expects to earn an adjusted 26 cents a share on sales of $128 million. That's based on the midpoint of its guidance. Wall Street was modeling earnings of 18 cents a share on sales of $107.9 million in the fourth quarter. Astera Labs makes connectivity chips for cloud and artificial intelligence data centers. ...

How did Astera labs perform in the third quarter?

Astera Labs posted non-GAAP (adjusted) earnings per share of $0.23 on sales of $113.1 million in the third quarter. The performance came in significantly ahead of the average Wall Street estimate, which had called for adjusted per-share earnings of $0.17 on sales of roughly $97.4 million. ...

Why are Astera labs shares up 30%?

Astera Labs shares are jumping around 30% Tuesday morning, after the Nvidia supplier reported strong third-quarter earnings results on the back of demand for its artificial intelligence (AI) products. ...

Is Astera labs' Q3 earnings report a game changer?

Astera Labs' Q3 sales and earnings results came in much better than expected. Astera's forward guidance also beat expectations and points to strong demand. Astera Labs' recent earnings report looks like a game changer. Astera Labs (ALAB 7.91%) stock posted explosive gains in Tuesday's trading. ...

What was Astera labs' fourth quarter 2024 earnings guidance?

Astera Labs updated its fourth quarter 2024 earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of 0.250-0.260 for the period, compared to the consensus EPS estimate of 0.180. ...