Nov 4, 5:01 PM ET
Astera Labs disclosed that director Michael Hurlston resigned from its Board of Directors and all committees, effective November 3, 2026, after notifying the company on November 2, 2026. The filing states there were no disagreements with the company and that the resignation was not related to its operations, policies or practices.
- Michael Hurlston resigned as a board member and from any committees, effective November 3, 2026
- Notice of resignation was given to the company on November 2, 2026
- Filing states no disagreements with the company and no link to operations, policies or practices
Read the filing on SEC.gov ↗
Nov 3, 4:09 PM ET
Astera Labs announced financial results for the third quarter ended September 30, 2026, delivering record quarterly revenue of $584.9 million alongside GAAP net income of $182.9 million. The company also issued its financial outlook for the fourth quarter of 2026, projecting revenue between $730 million and $750 million.
- Q3 2026 revenue reached a record $584.9 million, up 154% year-over-year.
- GAAP net income for the third quarter was $182.9 million, or $0.99 per diluted share.
- Q4 2026 revenue is projected to be in the range of $730 million to $750 million.
Read the filing on SEC.gov ↗
Aug 4, 4:09 PM ET
Astera Labs reported second-quarter 2026 revenue of $392.4 million, up 27% from the first quarter and 104% from a year earlier, with GAAP net income of $153.1 million, or $0.83 per diluted share. The company guided third-quarter 2026 revenue to $540 million to $560 million and GAAP diluted EPS to $0.87 to $0.92, and said Scorpio fabric switches are expected to become its largest product family one quarter ahead of prior expectations.
- Q2 2026 GAAP net income was $153.1 million, or $0.83 per diluted share, versus $51.2 million, or $0.29, in Q2 2025; results include a $50.3 million income tax benefit.
- Q2 2026 GAAP gross margin was 73.3% and GAAP operating income was $89.2 million, a 22.7% operating margin.
- Q2 2026 non-GAAP diluted EPS was $0.80, compared with $0.44 in Q2 2025.
- Q3 2026 outlook calls for revenue of $540 million to $560 million and GAAP diluted EPS of $0.87 to $0.92 on about 185 million weighted-average diluted shares.
Read the filing on SEC.gov ↗
May 5, 4:11 PM ET
Astera Labs reported record first-quarter 2026 revenue of $308.4 million, up 14% from the prior quarter and 93% from a year earlier, with GAAP diluted earnings per share of $0.44 against $0.18 a year earlier. The company forecast second-quarter 2026 revenue of $355 million to $365 million and GAAP diluted EPS of $0.44 to $0.46, which gives shareholders a revenue outlook above the first-quarter result.
- Q1 2026 revenue of $308.4 million, up 14% sequentially and 93% year-over-year
- GAAP net income of $80.3 million and GAAP diluted EPS of $0.44, versus $0.18 a year earlier; net income included a tax benefit of $6.9 million
- GAAP operating income of $61.8 million, down from $67.0 million in the fourth quarter of 2025 but up from $11.3 million a year earlier
- Q2 2026 outlook: revenue of $355 million to $365 million and GAAP diluted EPS of $0.44 to $0.46
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.