earnings
confidence high
sentiment positive
materiality 0.80
Astera Labs reports record Q4 revenue $141.1M, FY2024 $396.3M; guides Q1 $151-155M
Astera Labs, Inc.
2024-FY EPS reported
-$0.64
revenue$396,290,000
- Q4 GAAP net income $24.7M ($0.14 diluted EPS); Non-GAAP net income $66.5M ($0.37).
- Full year FY2024 GAAP net loss $83.4M ($0.64 loss per share); Non-GAAP net income $143.3M ($0.84).
- Revenue growth driven by Aries PCIe Retimer products; Taurus Smart Cable Modules strong in Q4.
- Q1 2025 guidance: revenue $151-155M, GAAP diluted EPS $0.03-0.04, Non-GAAP $0.28-0.29.
- Scorpio Fabric switches shipping in pre-production; expects 2025 breakout year with four product families.