Aehr Test Systems (AEHR) Tops Q2 EPS by 4c

Aehr Test Systems (NASDAQ: AEHR) reported Q2 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $21.4 million versus the consensus estimate of $20.88 million.

GUIDANCE:

Aehr Test Systems sees FY2024 revenue of $75-85 million, versus the consensus of $103 million.

• For the fiscal year ending May 31, 2024, Aehr is revising its expected full year total revenue to be between $75 million and $85 million, representing growth of 15% to 30% year over year, and GAAP net income of between 20% and 25% of revenue.

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

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