“Astera Labs shares sink 10% as revenue comes up short of some expectations”

“Astera Labs reported results for the fiscal fourth quarter on Tuesday that exceeded analyst expectations for both earnings per share and revenue.

CEO Jitendra Mohan told CNBC that “AI is still in its early innings,” issuing strong guidance for the first-quarter of 2026.

Despite the beat, shares sunk 10% in extended trading as CFO Mike Tate announced that he is stepping down…”

https://www.cnbc.com/2026/02/10/astera-labs-alab-earnings-report-q4-2025.html