Astera Labs will share its third-quarter earnings tonight, expecting $1.19 per share and $550.80 million in sales.

Nov 3, 2026, 9:24 AM ETResultsRead the original at Benzinga

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Astera Labs expects third-quarter sales of $540 million to $560 million, about 40% above the prior quarter, as Scorpio becomes its largest product family early. Gross margin is expected to fall from 73.7% to about 72%, but higher operating margin and expanding sales outweigh customer reliance.

ALAB · Astera Labs Inc.

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The AI's read

Scorpio becoming Astera’s largest product family early, with more than 10 customers engaged, suggests strong customer interest. The company also expects the share of sales left after operating costs to rise. The smaller share left after product costs and reliance on large customers are real concerns, but expected sales growth and higher operating profit share carry more weight.

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