
Core Viewpoint - Astera Labs reported significantly better-than-expected Q2 earnings, leading to a stock price increase of over 30% [1] Financial Performance - For Q2, Astera Labs achieved a non-GAAP diluted earnings per share of $0.44, up from $0.13 in the same period last year, exceeding the analyst expectation of $0.32 [1] - The company's revenue for the quarter was $191.9 million, representing a nearly 150% year-over-year increase from $76.9 million, and also surpassing the analyst forecast of $172.5 million [1] Guidance - For Q3, Astera Labs expects non-GAAP diluted earnings per share to be between $0.38 and $0.39, with revenue projected to be between $203 million and $210 million [1] - This guidance is notably higher than the market expectations of $0.34 per share and revenue of $189.5 million [1]