Astera Labs, Inc.(ALAB) - 2024 Q3 - Quarterly Results

Exhibit 99.1 IR CONTACT: Leslie Green leslie.green@asteralabs.com Astera Labs Announces Financial Results for the Third Quarter of Fiscal Year 2024 • Record quarterly revenue of $113.1 million, up 47% QoQ and up 206% YoY • Expanding market opportunities with new Scorpio Fabric Switches, driving higher dollar content in AI platforms SANTA CLARA, CA, U.S. – November 4, 2024 – Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today ...