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Astera Labs Q1 2024 Adj EPS $0.10 Beats $0.04 Estimate, Sales $65.258M Beat $56.710M Estimate

Author: Benzinga Newsdesk | May 07, 2024 05:22pm

Astera Labs (NASDAQ:ALAB) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.04 by 150 percent. This is a 183.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $65.258 million which beat the analyst consensus estimate of $56.710 million by 15.07 percent. This is a 269.44 percent increase over sales of $17.664 million the same period last year.

Posted In: ALAB