Astera Labs Full Year 2024 Earnings: Beats Expectations

Astera Labs (NASDAQ:ALAB) Full Year 2024 Results

Key Financial Results

• Revenue: US$396.3m (up 242% from FY 2023).
• Net loss: US$83.4m (loss widened by 218% from FY 2023).
• US$0.64 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Astera Labs Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in the US.

Performance of the American Semiconductor industry.

The company's shares are down 9.5% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Astera Labs that you should be aware of before investing here.

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