Astera Labs (ALAB) reported Q4 non-GAAP net income late Monday of $0.37 per diluted share, up from $0.12 a year ago.
Analysts polled by FactSet expected $0.26.
Revenue for the quarter ended Dec. 31 was $141.1 million, up from $50.5 million a year earlier. Analysts expected $127.9 million.
For Q1, the company is projecting non-GAAP EPS of $0.28 to $0.29 on revenue of $151 million to $155 million. Analysts are looking for $0.25 and $133.8 million, respectively.
Shares fell 8% in recent after-hours activity.
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