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May 31, 2024
Aehr Q4 2024 Earnings Report
Aehr reported record annual revenue, exceeding previous guidance and analyst consensus, despite customer pushouts in silicon carbide devices due to slower EV demand in the second half of the fiscal year.
Key Takeaways
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.
Received $12.7 million in orders for FOX WaferPak™ full wafer Contactors from a silicon carbide test and burn-in customer.
Engaged with new silicon carbide device and module suppliers to meet anticipated capacity in 2025.
Secured a commitment from an AI accelerator company to evaluate the FOX solution for production wafer level burn-in of high-power processors.
Acquired Incal Technology to expand reliability test and burn-in solutions for AI accelerators and high-performance computing processors.
Aehr
Aehr
Forward Guidance
For the fiscal year ending May 30, 2025, Aehr expects total revenue of at least $70 million and net profit before taxes of at least 10% of revenue.
Positive Outlook
- Expects total revenue of at least $70 million for fiscal year 2025.
- Anticipates net profit before taxes of at least 10% of revenue for fiscal year 2025.