---
schema_version: "secwatch.filing_event.v1"
accession: "0001736297-24-000004"
form_type: "8-K"
ticker: "ALAB"
cik: "0001736297"
company_name: "Astera Labs, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:18:11.546868+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Astera Labs Q1 revenue $65.3M (+269% YoY); GAAP net loss $93M, non-GAAP EPS $0.10

## Summary
- Record Q1 revenue $65.3M, up 29% QoQ and 269% YoY, driven by AI infrastructure build-out.
- GAAP net loss $93.0M ($1.77 basic EPS); non-GAAP net income $14.3M ($0.10 pro forma diluted EPS).
- Q2 revenue guidance 10-12% QoQ growth; non-GAAP EPS ~$0.11 on ~180M diluted shares.
- Sampling third-generation Aries 6 PCIe/CXL retimers for PCIe 6.x and Smart Cable Modules for multi-rack GPU clustering.
- IPO closed March 20, 2024; net proceeds $672.2M from 22.77M shares at $36/share.

## SEC filing metadata
- accession: 0001736297-24-000004
- form_type: 8-K
- ticker: ALAB
- cik: 0001736297
- company_name: Astera Labs, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1736297/000173629724000004/0001736297-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1736297/000173629724000004/alab-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001736297-24-000004
- JSON: https://secwatch.observer/filing/0001736297-24-000004.json
- Plain text: https://secwatch.observer/filing/0001736297-24-000004.txt

## Key facts
- Earnings Releases
  Astera Labs, Inc. reported the first quarter of fiscal 2024, ended March 31, 2024 results: revenue $65.3 million, net income $93.0 million, EPS ($1.77). Guidance initiated.
  - Period: the first quarter of fiscal 2024, ended March 31, 2024
  - Revenue: $65.3 million
  - Net income: $93.0 million
  - EPS: ($1.77)
  - Guidance: initiated
  - Result: preliminary results
  source text: --- IR CONTACT: Leslie Green leslie.green@asteralabs.com Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2024 • Record quarterly revenue of $65.3 million driven by expanding AI infrastructure build-out, up 29% QoQ and up 269% YoY • Sampling third generation Aries Smart DSP Retimers for PCIe 6.x connectivity to leading AI platform
  evidence_url: https://www.sec.gov/Archives/edgar/data/1736297/000173629724000004/0001736297-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.