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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
995 Following    214.3K Followers
ASTERA LABS $ALAB Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $584.9M (Est. $551M) ๐ŸŸข; +154% YoY ๐Ÿ”น Adj. EPS: $1.32 (Est. $1.19) ๐ŸŸข; +169% YoY ๐Ÿ”น Non-GAAP Oper Income: $261.6M (Est. $233M) ๐ŸŸข Q4 Guide: ๐Ÿ”น Revenue: $730M-$750M (Est. $656M) ๐ŸŸข ๐Ÿ”น Adj. EPS: $1.62-$1.66 (Est. $1.42) ๐ŸŸข ๐Ÿ”น Non-GAAP Gross Margin: 72% (Est. 71.1%) ๐ŸŸข Other Q3 Metrics: ๐Ÿ”น Non-GAAP Gross Margin: 72.4% (Est. 71.9%) ๐ŸŸข; -400 bps YoY ๐Ÿ”น Non-GAAP Operating Income: $261.6M ๐Ÿ”น Non-GAAP Operating Margin: 44.7%; +300 bps YoY Announcements: ๐Ÿ”น Scorpio: 320-lane fabric switch became largest product family ๐Ÿ”น Aries 7: connectivity reach extends to 50+ meters ๐Ÿ”น Orion: six reference designs; scales from 8 to 160 accelerators ๐Ÿ”น Leo X-Series: up to 62% faster time-to-first-token; 22% more tokens/sec Comments: ๐Ÿ”ธ โ€œDesign activity accelerated with wins across a broad set of programs and applications at multiple customers.โ€ ๐Ÿ”ธ โ€œThe expansion of our intelligent connectivity platform and new design wins position us to strongly grow our dollar content per accelerator and further increase our total market opportunity.โ€
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