Harlan Sur
JPMorgan Chase & Co, Research Division

Okay. Great. morning. Thank you. Welcome to the second day of JPMorgan's 54th Annual Technology Media Communications Conference. My name is Harlan Sur. I'm the semiconductor analyst here at the firm. Very pleased to have the team from Astera Labs. We've got Jitendra Mohan, Chief Executive Officer and Co-Founder; and Desmond Lynch, Chief Financial Officer, here with us today.

Company, obviously, as most of you know, leader in accelerated compute, connectivity, networking, memory and storage controller solutions. Their silicon optical software solutions are integrated into 90% of the world's AI compute servers and clusters. It's been a busy earnings season. So I've asked the team to start us off with a brief overview of the March quarter results, June quarter outlook, and then we'll go ahead and kick off the Q&A.

So gentlemen, thank you for joining us today. Jitendra, let me turn it over to you.

Jitendra Mohan
Co-Founder, CEO & Executive Director

Yes. Thanks, Harlan. That was some high-speed communication there. So yes, we've been at it now for two years now actually. So we went IPO about two years ago, March of 2024 and at that time, our revenues were $65 million and change, and our EPS was about $0.10. And 8 quarters later, we closed our last quarter at $308 million in revenue and $0.61 in EPS. So about 5x increase in revenue and more than that for EPS. So very happy with where we are.

Last quarter was $308