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Nov 30, 2021
Aehr Q2 2022 Earnings Report
Aehr Test reported record bookings for the second consecutive quarter in Q2 2022, driven by semiconductor test and burn-in sales for electric vehicles.
Key Takeaways
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.
Finished the second quarter with record bookings for a single quarter of $29.1 million.
Highest backlog on record of $36.1 million.
Total bookings for the fiscal year to date is over $52 million.
Reiterating guidance for revenue for the year.
Aehr
Aehr
Forward Guidance
Aehr is reiterating its previously provided guidance for full year total revenue of at least $50 million, and to be profitable for the fiscal year at these revenue levels based upon its operating model.
Positive Outlook
- Full year total revenue of at least $50 million.
- To be profitable for the fiscal year at these revenue levels based upon its operating model.
- Confident in ability to deliver significant revenue growth.
- Focused on serving the very large market opportunities we see ahead.
- Strength of semiconductor test and burn-in solutions.