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Astera Labs Inc (ALAB) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth ... [Yahoo! Finance]

Astera Labs, Inc. (ALAB) 
Company Research Source: Yahoo! Finance
Non-GAAP EPS: Non-GAAP Gross Margin: 77.8%, slightly down from 78% in Q2. Non-GAAP Operating Expenses: $51.2 million, with R&D at $36 million, Sales and Marketing at $7 million, and General and Administrative at $8.3 million. Cash Flow from Operating Activities: $63.5 million. Cash and Marketable Securities: $887 million. Q4 Revenue Guidance: $126 million to $130 million, up 11% to 15% sequentially. Q4 Non-GAAP Gross Margin Guidance: Approximately 75%. Q4 Non-GAAP EPS Guidance: $0.25 to $0.26. Warning! GuruFocus has detected 2 Warning Sign with ALAB. Release Date: November 04, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Astera Labs Inc ( NASDAQ:ALAB ) reported a record quarterly revenue of $113 million, marking a 47% increase from the previous quarter and a 206% increase from the prior year. The company demonstrated strong operating leverage with a non-GAAP operating margin expanding to over 32% and Show less Read more
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