secwatch.observer — SEC 8-K summary
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Issuer:     Astera Labs, Inc. (ALAB)
CIK:        0001736297
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001736297-24-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astera Labs Q3 revenue $113.1M, up 206% YoY; guides Q4 rev $126-130M
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- Record quarterly revenue of $113.1M, up 47% QoQ and 206% YoY.
- GAAP net loss $7.6M ($0.05 diluted loss); Non-GAAP net income $40.3M ($0.23 diluted EPS).
- Q4 guidance: revenue $126-130M; Non-GAAP EPS $0.25-$0.26.
- Introduced Scorpio Smart Fabric Switches for AI infrastructure, now shipping in pre-production.
- Non-GAAP operating margin 32.4%; GAAP gross margin 77.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1736297/000173629724000042/0001736297-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1736297/000173629724000042/alab-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001736297-24-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer