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

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Aehr Reports Strong Revenue and Earnings Growth for the Second Quarter and First Six Months of Fiscal 2024

January 9, 2024 4:06 PM EST

Revises full-year fiscal 2024 guidance for revenue to be between $75 million and $85 million, and GAAP net income of between 20% and 25% of revenue

FREMONT, CA / ACCESSWIRE / January 9, 2024 / Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its second quarter of fiscal 2024 ended November 30, 2023.

Fiscal Second Quarter Financial Results:

Net revenue was $21.4 million, up 45% from $14.8 million in the second quarter of fiscal 2023.GAAP net income was $6.1 million, or $0.20 per diluted share, up 63% from... More