Core Viewpoint - Astera Labs' stock is experiencing a significant sell-off despite reporting strong Q4 results, primarily due to management changes and concerns over future margins [1][4]. Financial Performance - Astera Labs reported non-GAAP earnings per share of $0.58 on revenue of $270.6 million, surpassing Wall Street estimates of $0.51 per share and $249.55 million in sales [3]. - Revenue increased nearly 92% year over year, while adjusted earnings per share rose approximately 57% compared to the previous year [4]. Guidance and Outlook - For the current quarter, Astera Labs is guiding for sales between $286 million and $297 million, with a projected gross margin of around 74% [5]. - Adjusted earnings per share are expected to be between $0.53 and $0.54, which is ahead of expectations on most key fronts [5]. Management Changes - The resignation of CFO Mike Tate, who will transition to a strategic advisor role, has contributed to the stock's decline. Desmond Lynch will take over as CFO on March 2 [6]. - Management changes often lead to stock volatility, and the current bearish reaction may be an overreaction [6].

Core Viewpoint - Apogee Enterprises, Inc. is under investigation by Block & Leviton for potential securities law violations following a significant drop in share price and disappointing quarterly results [1][2]. Financial Performance - Apogee Enterprises' shares fell over 13% during intraday trading on January 7, 2026, after the company reported quarterly results that did not meet analyst expectations [2]. - The company lowered its full-year outlook due to weaker demand and margin pressure specifically in its Architectural Glass segment [2]. Management Changes - On the same day as the earnings report, Apogee announced the resignation of its Chief Financial Officer, Matthew Osberg, effective January 16, 2026 [2]. Legal Investigation - Block & Leviton is investigating whether Apogee committed securities law violations and may pursue legal action to recover losses for affected investors [4]. - Investors who have lost money on their Apogee investments are encouraged to contact Block & Leviton for potential recovery options [5]. Whistleblower Information - Individuals with non-public information about Apogee are encouraged to assist in the investigation or report to the Securities Exchange Commission under the whistleblower program, which offers rewards of up to 30% of any successful recovery [6]. Firm Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].