7/104 sources · 3 publishersUpdated Nov 4, 03:03 UTC
Astera Labs beats Q3 estimates and guides for strong Q4 growth
Astera Labs reported third-quarter non-GAAP EPS of $1.32 and revenue of $584.9M, which was up 153.6% year over year and exceeded estimates. For the fourth quarter of fiscal 2026, the company forecast revenue of $730 million to $750 million and non-GAAP diluted EPS of $1.62 to $1.66, with growth expected from Scorpio, Aries and Taurus products.
Why it matters
The Q4 outlook implies a sharp sequential revenue increase and gives investors updated benchmarks for Astera Labs' product expansion. The company also expects non-GAAP gross margin of about 72% and non-GAAP operating margin of approximately 45% in Q4.
Key facts
- 1Astera Labs reported Q3 non-GAAP EPS of $1.32, beating estimates by $0.13. seekingalpha.com
- 2Q3 revenue was $584.9M, up 153.6% year over year. seekingalpha.com
- 3The company forecast Q4 revenue of $730 million to $750 million, with the midpoint representing 27% sequential growth. finance.yahoo.com
- 4Astera Labs guided to Q4 non-GAAP diluted EPS of $1.62 to $1.66. finance.yahoo.com
- 5Q3 revenue was up 49% sequentially, according to the company’s earnings report. seekingalpha.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.