Astera Labs (ALAB) reported Q2 non-GAAP earnings late Tuesday of $0.44 per diluted share, up from $0.13 a year earlier.
Analysts polled by FactSet expected $0.32.
Revenue for the quarter ended June 30 was $191.9 million, up from $76.9 million a year earlier.
Analysts surveyed by FactSet expected $172.5 million.
The company expects Q3 non-GAAP diluted EPS between $0.38 and $0.39 on revenue of $203 million to $210 million. Analysts polled by FactSet expect $0.34 and $189.5 million, respectively.
Shares of the company climbed about 13% in recent after-hours activity.
Price: 152.82, Change: +17.28, Percent Change: +12.75
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