Aehr Earnings Reports

Aehr Test Systems reported a net loss in Q1 FY26, as revenue declined year-over-year. However, the company experienced strong momentum in AI processor testing, with follow-on orders for its high-power burn-in systems. Management highlighted optimism for growth across AI and other semiconductor markets.

Aehr Test Systems posted a Q4 net loss due to lower revenue and increased operating expenses, while making progress in diversifying its customer base and entering high-growth segments like AI processors and GaN devices.

Aehr Test Systems delivered strong Q3 revenue growth driven by diversification into AI processors and GaN markets. Despite a GAAP net loss, the company posted solid non-GAAP profitability and grew its backlog significantly.

Aehr Test Systems reported their Q2 2025 financial results, achieving progress on key objectives by expanding product reach into AI processors, gallium nitride power semiconductors, data storage devices, silicon photonics integrated circuits, and flash memory. They secured their first AI processor customer for wafer level burn-in and package part burn-in, and also received their first gallium nitride (GaN) semiconductor production order.

Aehr Test Systems announced its Q1 2025 financial results, with revenue reaching $13.1 million and GAAP net income at $0.7 million. The company reaffirmed its full-year guidance, highlighting the importance of silicon carbide wafer level burn-in test systems and full wafer contactors.

Aehr Test Systems announced its fiscal 2024 fourth quarter and full year financial results, achieving record annual revenue. The company is focusing on opportunities in silicon carbide, AI processor testing, and gallium nitride markets.

Aehr Test Systems reported their Q3 2024 results with revenue impacted by delays in wafer level burn-in system orders for silicon carbide semiconductors. They are reiterating their full year guidance of greater than $65 million in revenue and at least $11 million in net income.

Aehr Test Systems reported a 45% increase in revenue to $21.4 million and a 63% increase in GAAP net income to $6.1 million for the second quarter of fiscal 2024. However, the company revised its full-year revenue guidance to $75 million to $85 million and GAAP net income to 20% to 25% of revenue, reflecting a more conservative outlook due to order delays.

Aehr Test Systems reported a solid first quarter with record shipments of FOXTM WaferPak full wafer Contactors, achieving the strongest first quarter in the company's history and reaffirming its full-year revenue and profit growth expectations.

Aehr Test Systems reported record financial performance for both the quarter and the entire fiscal year ended May 31, 2023. Total revenue grew 28% to a record $65.0 million, and GAAP profit reached $14.6 million.

Aehr Test Systems reported a strong third quarter with record bookings of $33.3 million and a backlog of $31.6 million. The company's momentum in silicon carbide wafer level burn-in continues to grow, with significant orders from major silicon carbide semiconductor customers.

Aehr Test Systems reported a strong second quarter in fiscal 2023, with revenue up 54% year-over-year to $14.8 million and GAAP net income of $3.7 million, or $0.13 per diluted share. The company's growth was fueled by increased demand for silicon carbide semiconductors in the electric vehicle market, and the addition of two new silicon carbide customers.

Aehr Test Systems reported an 89% increase in revenue year-over-year for the first quarter of fiscal 2023, driven by the strength of wafer-level test and burn-in of silicon carbide devices used in electric vehicles. The company's revenue reached $10.7 million, and they secured $19.1 million in bookings during the quarter. They are reiterating their revenue guidance for the fiscal year ending May 31, 2023, to be at least $60 million to $70 million.

Aehr Test Systems reported a strong third quarter with record revenue of $15.3 million, a 190% increase year-over-year. GAAP net income was $2.2 million, or $0.08 per diluted share, and non-GAAP net income was $4.1 million, or $0.14 per diluted share. The company's backlog as of February 28, 2022, was $26.9 million, with an effective backlog over $30 million.

Aehr Test Systems announced financial results for its second quarter of fiscal 2022 ended November 30, 2021, featuring record bookings of $29.1 million and a record backlog of $36.1 million.

Aehr Test Systems reported a strong start to fiscal 2022, with record bookings of $20.7 million for the first quarter and raising the full year revenue guidance by approximately 80% to at least $50 million.

Aehr Test Systems reported a strong fourth quarter with a 102% increase in net sales compared to the previous year. The company is optimistic about future growth, driven by the demand for silicon carbide devices in the electric vehicle market.

Aehr Test Systems reported a net sales of $5.3 million and bookings of $8.0 million for the quarter. The company experienced a GAAP net loss of $735,000, or $0.03 per diluted share, and a non-GAAP net loss of $464,000, or $0.02 per diluted share.

Aehr Test Systems reported a decrease in net sales and a net loss for the second quarter of fiscal year 2021, impacted by COVID-19 and customer delays. However, they anticipate significant bookings and revenue increases in the second half of the fiscal year.

Aehr Test Systems reported net sales of $2.0 million and a GAAP net income of $107,000 for the first quarter of fiscal 2021. The company maintains its expected full year total revenue to be between $25 million and $28 million, and to be profitable for the fiscal year.

Aehr Test Systems reported Q4 net sales of $3.8 million, a GAAP net loss of $2.9 million, and a non-GAAP net loss of $720,000. The company closed new orders with major customers in silicon photonics and with the world's largest OSAT.

Aehr Test Systems reported a strong third quarter with a 93% increase in revenue compared to the same quarter last year. The company achieved profitability with a GAAP net income of $245,000. However, due to the uncertainty caused by the COVID-19 pandemic, Aehr Test Systems withdrew its fiscal year 2020 financial guidance.

Aehr Test Systems announced financial results for the second quarter of fiscal 2020, with net sales of $6.9 million, up 16% from the previous year and 24% sequentially. The company reported GAAP net income of $251,000, or $0.01 per diluted share, and non-GAAP net income of $456,000, or $0.02 per diluted share. They also reiterated guidance for significant growth for fiscal year 2020.