ALAB Stock Recent News

ALAB posts 149.7% revenue surge and beats earnings estimates comfortably, driven by strong demand for solutions.

Astera Labs ALAB reported record quarterly revenue after market close on Tuesday.

Astera Labs (NASDAQ: ALAB) stock is up 20.18% in premarket trading on Wednesday, reaching $162.89 following the company's impressive second-quarter earnings results that significantly exceeded market expectations.

Astera Labs' connectivity products are resonating in the AI era, and analysts see potential for big upside next year as a new offering ramps up.

Astera Labs, Inc. (NASDAQ:ALAB ) Q2 2025 Earnings Conference Call August 5, 2025 4:30 PM ET Company Participants Jitendra Mohan - Co-Founder, CEO & Executive Director Leslie Green - Corporate Participant Michael T. Tate - Chief Financial Officer Sanjay Gajendra - Co-Founder, President, COO & Director Conference Call Participants Nathaniel Quinn Bolton - Needham & Company, LLC, Research Division Papa Talla Sylla - Citigroup Inc., Research Division Ross Clark Seymore - Deutsche Bank AG, Research Division Sebastien Cyrus Naji - William Blair & Company L.L.C.

Astera Labs (ALAB) Q2 Revenue Soars 150%

Astera Labs, Inc. (ALAB) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.13 per share a year ago.

Record quarterly revenue of $191.9 million, up 20% QoQ and 150% YoY, and record operating cash flow generation of $135.4 million Industry leading PCIe 6 connectivity portfolio ramping in volume on customized rack-scale AI systems Scorpio Fabric Switch design wins expand across multiple new customers and applications SAN JOSE, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the second quarter of fiscal year 2025, ended June 30, 2025.

ALAB's second-quarter 2025 results are likely to benefit from a strong portfolio amid stiff competition and tariff uncertainties.

The U.S. and China are considering an additional 90-day pause on retaliatory tariffs as they work toward a comprehensive trade deal. The potential trade truce follows the Trump administration's sweeping trade deals with Japan and the EU, which have fueled a market rally and tech valuations. Valuations among the S&P 500's top 10 companies have become more stretched than they were during the dot-com bubble, per Apollo Global Management.