Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) shares traded down 8.2% during trading on Wednesday . Astera Labs News RoundupHere are the key news stories impacting Astera Labs this week:Get Astera Labs alerts:Positive Sentiment: Q2 results significantly exceeded expectations: Revenue reached a record $392.4 million, up 104.5% year over year and 27% sequentially, while earnings per share of $0.80 surpassed the $0.69 consensus estimate. Astera Labs (NASDAQ:ALAB – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. Astera Labs Company Profile(Get Free Report)Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. Recommended StoriesReceive News & Ratings for Astera Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astera Labs and related companies with MarketBeat.com's FREE daily email newsletter.