Aehr Test Systems (AEHR) Tops Q1 EPS by 2c; Offers FY23 Revenue Guidance

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Go back to Aehr Test Systems (AEHR) Tops Q1 EPS by 2c; Offers FY23 Revenue Guidance

Aehr Reports Record Quarterly Bookings Driven by Demand for Wafer Level Test and Burn-in of Semiconductors for Electric Vehicles

March 30, 2023 4:06 PM EDT

FREMONT, Calif., March 30, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its third quarter of fiscal 2023 ended February 28, 2023.

Fiscal Third Quarter Financial Results:

Net sales were $17.2 million, up 13% from $15.3 million in the third quarter of fiscal 2022.GAAP net income was $4.1 million, or $0.14 per diluted share, up 84% compared to GAAP net income of $2.2 million, or $0.08 per diluted share, in the third quarter of fiscal 2022, which includes the impact of a $1.0 million... More