Aehr Test Systems (AEHR) Tops Q4 EPS by 6c

Aehr Test Systems (NASDAQ: AEHR) reported Q4 EPS of $0.16, $0.06 better than the analyst estimate of $0.10. Revenue for the quarter came in at $14.8 million versus the consensus estimate of $13.55 million.

GUIDANCE:

Aehr Test Systems sees FY2023 revenue of $60-70 million, versus the consensus of $67.6 million.

• For the fiscal year ending May 31, 2023, Aehr is reiterating its previously provided guidance for total revenue to be $60 million to $70 million, with strong profit margins similar to last fiscal year. Aehr also continues to expect bookings to grow faster than revenues in fiscal 2023 as the ramp in demand for silicon carbide in electric vehicles increases exponentially throughout the decade.

For earnings history and earnings-related data on Aehr Test Systems (AEHR) click here.

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