secwatch.observer — SEC 8-K summary
======================================

Issuer:     Astera Labs, Inc. (ALAB)
CIK:        0001736297
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001736297-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astera Labs Q1 revenue $308.4M, up 93% YoY; Q2 guidance $355-365M
-----------------------------------------------------------------

- Record revenue $308.4M (+14% QoQ, +93% YoY); GAAP net income $80.3M ($0.44 diluted EPS).
- Non-GAAP net income $110.1M ($0.61 EPS); gross margin 76.4%.
- Q2 2026 guidance: revenue $355-365M; GAAP EPS $0.44-0.46; non-GAAP EPS $0.68-0.70.
- Announced Scorpio X-Series 320-lane AI fabric switch now shipping; production ramp H2 2026.
- Expanded Scorpio P-Series PCIe 6 switch family from 32 to 320 lanes; shipments expected H2 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1736297/000173629726000017/0001736297-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1736297/000173629726000017/alab-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001736297-26-000017

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