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Benzinga

Business

Avi Kapoor

REVEALED: These analysts increase their forecasts on astera labs after strong q2 results | Rare Historical Photos

Astera Labs Astera ALAB

Astera Labs

Astera Labs (NASDAQ:ALAB) reported record quarterly revenue after market close on Tuesday.

Astera Labs reported second-quarter revenue of $191.9 million, up 150% year-over-year and up 20% quarter-over-quarter. The revenue total beat a Street consensus estimate of $172.54 million according to data from Benzinga Pro. The company’s revenue was a quarterly record, as was operating cash flow generation of $135.4 million.

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