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0 0.0078864353312304 0.00552050473186122 -0.00552050473186122 -0.028391167192429 -0.0962145110410094 -0.0891167192429021 -0.0515772870662461
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Aehr Announces Preliminary Financial Results for its Fiscal 2024 Third Quarter; Provides Updated Full Year Revenue Guidance [Yahoo! Finance]

Aehr Test Systems (AEHR) 
Last aehr test systems earnings: 1/4 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: aehr.com/investor-relations
Company Research Source: Yahoo! Finance
announced preliminary financial results for its third quarter of fiscal 2024 ended February 29, 2024. Preliminary results reflect delays in wafer level burn-in system orders for semiconductor devices used in electric vehicles that have created a short-term gap in revenue and profitability. Additionally, Aehr provided updated revenue guidance for its full fiscal year ending May 31, 2024. For the fiscal third quarter ended February 29, 2024, Aehr expects: Revenue of approximately $7.6 million GAAP net loss of approximately $1.5 million to $1.8 million, or $0.05 to $0.06 per diluted share Non-GAAP net loss of approximately $0.9 million to $1.2 million, or $0.03 to $0.04 per diluted share, which excludes the impact of stock-based compensation Bookings of $24.5 million Backlog as of February 29, 2024, of $20 million For the fiscal 2024 full year ending May 31, 2024, Aehr expects: Total revenue of at least $65 million GAAP net income of approximately $11 million or more, o Show less Read more
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