Astera Labs (ALAB) reported Q1 non-GAAP net income late Tuesday of $0.33 per diluted share, up from $0.10 a year ago.
Analysts polled by FactSet expected $0.28.
Revenue for the quarter ended March 31 was $159.4 million, up from $65.3 million a year ago. Analysts expected $153.1 million.
For Q2, the company is projecting non-GAAP EPS of $0.32 to $0.33 on revenue of $170 million to $175 million. Analysts are looking for EPS of $0.30 on revenue of $160.2 million.
Shares were down about 3% in after-hours activity.
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