Strong Quarterly Revenue Growth
Astera Labs reported quarterly revenue of $230.6 million, an increase of 20% from the prior quarter and 104% compared to Q3 of the previous year.
Record Non-GAAP Operating Margin
The company achieved a new record non-GAAP operating margin of 41.7%, up 250 basis points from the previous quarter.
Significant Expansion in Employee Base
Astera Labs plans to exit 2025 with over 700 employees, a 60% increase compared to the beginning of the year.
Acquisition of Xscale Photonics
Astera Labs announced a definitive agreement to acquire Xscale Photonics, enhancing capabilities in fiber chip coupling technologies and future optical solutions.
Strong Growth Across Product Lines
Growth was broad-based across signal conditioning, smart cable module, and switch fabric products, with Scorpio P-Series, Aries PCIe 6 solutions, and Taurus products showing robust performance.