Aehr Test Systems (AEHR) Reports In-Line Q2 EPS

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Go back to Aehr Test Systems (AEHR) Reports In-Line Q2 EPS

Aehr Reports Record Revenue for Fiscal 2022 Fourth Quarter and Full Year Driven by Demand for Semiconductor Wafer Test and Burn-in for Electric Vehicles

July 19, 2022 4:05 PM EDT

FREMONT, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022.

Fiscal Fourth Quarter Financial Results:

Net sales were $20.3 million, up 166% from $7.6 million in the fourth quarter of fiscal 2021.GAAP net income was $5.8 million, or $0.20 per diluted share, compared to GAAP net income of $567,000, or $0.02 per diluted share, in the fourth quarter of fiscal 2021.Non-GAAP net income was $6.5 million, or $0.23 per diluted... More