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Astera Labs Q3 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

Astera Labs Q3 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

MT newswireMT newswire2026/11/03 20:41
04:41 PM EST, 11/03/2026 (MT Newswires) -- Astera Labs (ALAB) reported Q3 non-GAAP earnings Tuesday of $1.32 per diluted share, up from $0.49 a year earlier. Analysts polled by FactSet expected $1.19. Revenue in the three months ended Sept. 30 rose to $584.9 million from $230.6 million a year earlier. Analysts expected $550.8 million. The company expects Q4 non-GAAP earnings of $1.62 to $1.66 per diluted share on revenue of $730 million to $750 million. Analysts polled by FactSet expect earnings of $1.42 on revenue of $656.3 million. Astera shares rose 2.7% in after-hours trading.
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