ASTERA LABS INC Stock Price, News & Analysis

Astera Labs (Nasdaq: ALAB) announced its Scorpio Smart Fabric Switches for PCIe® 6-ready NVIDIA Blackwell-based MGX™ platforms, delivering modular designs that scale across different NVIDIA MGX configurations. The company is providing customers with an accelerated test and interop development kit, including whitepapers, reference designs, SDKs, and simulation models.

The integration enables:

• Optimized data ingest for NVIDIA Blackwell units
• Increased GPU utilization with high-performance data flows
• Robust interoperability with PCIe 6 and PCIe 5 partners
• Proven line-rate PCIe 6 performance with Micron SSDs
• Faster time-to-market with modular configuration

Additionally, Astera Labs' COSMOS rack-scale management software provides data center observability, telemetry, and diagnostics capabilities for maximizing GPU utilization and uptime. The company will demonstrate the PCIe 6-ready NVIDIA MGX platform featuring Scorpio P-Series at NVIDIA GTC 2025.

Astera Labs (Nasdaq: ALAB) has expanded its Cloud-Scale Interop Lab to accelerate the deployment of PCIe 6.x AI platforms powered by Scorpio Smart Fabric Switches. The expansion focuses on comprehensive interoperability and performance testing across multiple PCIe generations and topologies.

The initiative enables customers to design with confidence, reduce development time, and minimize interoperation risks. The lab conducts rigorous PCIe link, RAS, and system testing in complex PCIe topologies, running real-world applications on production-ready systems.

The company recently demonstrated end-to-end PCIe 6.x interoperability between Scorpio P-Series Fabric Switches and Micron's PCIe 6.x SSD using GPU-Direct Storage at DesignCon 2025. The expansion has garnered support from industry leaders including AMD, Keysight Technologies, Micron, Samsung Electronics, Teledyne Lecroy, and Wistron.

Astera Labs (Nasdaq: ALAB) has announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt brings extensive experience in scaling technology companies and driving innovations in the semiconductor and networking industries.

Dr. Barratt's notable career includes serving as President, CEO, and Director of Atheros Communications, leading the company through its IPO and subsequent acquisition by Qualcomm. He also held key positions at Intel as Senior VP of the Connectivity Group, and at Google as Senior VP of Access and Energy.

Currently, Dr. Barratt chairs the board of Intuitive Surgical (Nasdaq: ISRG) and previously served on IonQ's board. He holds doctorate and Master's degrees from Stanford University and undergraduate degrees from the University of Sydney in electrical engineering, mathematics, and physics.

Astera Labs (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference. The company's presentation is scheduled for March 4, 2025, at 4:05 PM PT. Investors and interested parties can access the webcast through Astera Labs' investor relations website at ir.asteralabs.com.

Astera Labs (ALAB) reported strong Q4 FY2024 results with record quarterly revenue of $141.1 million, up 25% QoQ and 179% YoY. Full-year revenue reached $396.3 million, marking a 242% increase from the previous year.

Q4 GAAP performance showed a gross margin of 74.0% and net income of $24.7 million ($0.14 per diluted share). Non-GAAP Q4 results included operating income of $48.4 million and net income of $66.5 million ($0.37 per diluted share).

For Q1 FY2025, the company projects revenue between $151-155 million with a GAAP gross margin of approximately 74%. Growth was primarily driven by Aries PCIe Retimer products and Taurus Smart Cable Modules, with expectations for 2025 to be a breakout year as all four product families contribute to revenue.

Astera Labs (Nasdaq: ALAB), a leading provider of semiconductor-based connectivity solutions for AI and cloud infrastructure, has scheduled its Q4 2024 financial results announcement for February 10, 2025, after market close. The company will host a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results.

The call will feature key executives including CEO Jitendra Mohan, President and COO Sanjay Gajendra, and CFO Mike Tate. Investors can access the call via phone at (800) 715-9871 using Conference ID 5908687 or through the webcast available on the company's investor relations website.

Astera Labs (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, has announced its participation in four major financial conferences. The company will present at the UBS Global Technology and AI Conference (Dec. 4, Scottsdale), Barclays Global Technology Conference (Dec. 11, San Francisco), Raymond James TMT & Consumer Conference (Dec. 11, New York), and Needham Growth Conference (Jan. 15, New York). All presentations will be accessible via webcasts on Astera Labs' investor relations website.

Astera Labs (NASDAQ: ALAB) reported strong Q3 FY2024 financial results with record quarterly revenue of $113.1 million, up 47% QoQ and 206% YoY. The company achieved a GAAP gross margin of 77.7% but reported a GAAP operating loss of $8.9 million. Non-GAAP results showed operating income of $36.6 million and net income of $40.3 million. For Q4 FY2024, Astera Labs forecasts revenue between $126-130 million with non-GAAP diluted EPS of $0.25-0.26. The company introduced new Scorpio Smart Fabric Switches for AI infrastructure and joined the UALink Consortium as a promoting board member.

Astera Labs (Nasdaq: ALAB) has introduced the Scorpio Smart Fabric Switch portfolio, designed specifically for AI workloads in cloud-scale accelerated computing platforms. The portfolio includes:

1. Scorpio P-Series for GPU-to-CPU/NIC/SSD PCIe 6 connectivity
2. Scorpio X-Series for back-end GPU clustering

These switches aim to deliver maximum system utilization, uptime, and predictable performance while offering energy efficiency, high reliability, and easy cloud-scale deployment. The Scorpio portfolio integrates with Astera Labs' COSMOS software suite, providing enhanced security and fleet management capabilities. Currently shipping in pre-production quantities, Scorpio is ready to support AI platform deployments using industry-leading GPUs.