Aehr Test Sys Stock Price, News & Analysis

Aehr Test Systems (NASDAQ: AEHR) has secured a $10.8 million purchase order from a Fortune 500 customer for multiple FOX-XP™ systems and WaferPak™ Contactors to enhance production capacity. These systems are anticipated to ship within six months. CEO Gayn Erickson emphasized the increasing demand for electric vehicle semiconductor testing, forecasting additional orders this fiscal year and significant demand growth in the coming years. The power semiconductor market is projected to triple from 2020 to 2026, with electric vehicle sales expected to grow at a CAGR of 29% through 2025.

Aehr Test Systems (NASDAQ: AEHR) reported financial results for Q4 and the full fiscal year 2021. Q4 net sales surged to $7.6 million, a 102% increase from the previous year, with a GAAP net income of $567,000 ($0.02 per diluted share), recovering from a loss in Q4 2020. The fiscal year saw revenues drop to $16.6 million from $22.3 million, with GAAP net loss narrowing to $2 million. Looking ahead, Aehr expects fiscal 2022 revenue to exceed $28 million, indicating a projected growth of 70%. The company is focusing on silicon carbide technology, essential for electric vehicle applications.

Aehr Test Systems (NASDAQ: AEHR) has secured a follow-on order worth $2.9 million for a FOX-XP™ Wafer Level Test and Burn-in system from a leading Fortune 500 semiconductor customer. This order aims to enhance production testing capacity for silicon carbide devices, particularly in the electric vehicle sector. The FOX-XP system can test eighteen silicon carbide wafers simultaneously, ensuring high-quality production. The company anticipates significant demand growth in the electric vehicle market, with forecasts indicating a tripling of the power semiconductor market by 2026.

Aehr Test Systems (NASDAQ: AEHR) announced it will report its fiscal 2021 fourth quarter and full year financial results on July 15, 2021. Following the report, the company will host a conference call at 5:00 p.m. Eastern Time to discuss these results. Investors can access the live call by dialing 800-367-2403 for the U.S. and Canada, or +1 334-777-6978 internationally. The conference will be available for replay until July 22, 2021. Aehr specializes in semiconductor test systems, addressing the growing quality needs of the Automotive and Mobility markets.

Aehr Test Systems (NASDAQ: AEHR) has secured orders worth $1.4 million for WaferPak™ Contactors from a leading Fortune 500 semiconductor customer. These orders will support the production testing and burn-in of silicon carbide devices, essential for electric vehicle power modules. The FOX-XP™ system, capable of testing 18 silicon carbide wafers simultaneously, enhances test quality and reliability. The semiconductor market for electric vehicles is projected to triple by 2026, potentially driving significant future orders from this customer.

Aehr Test Systems (NASDAQ: AEHR) announced that its CEO Gayn Erickson and CFO Ken Spink will participate in the 13th Annual CEO Summit on June 15, 2021. The virtual event will allow discussions about semiconductor wafer level and singulated die test solutions, targeting investors interested in the growing markets for devices like silicon carbide semiconductors and silicon photonics. The summit features a round-robin format enabling personalized interactions with management teams, but registration is limited and required by June 10, 2021.

Aehr Test Systems (NASDAQ: AEHR) announced a follow-on order exceeding $2.3 million from a leading Fortune 500 silicon carbide customer. This order is for a FOX-XP Wafer Level Test and Burn-in system, crucial for electric vehicle power module production. The system, operational in Aehr's fiscal fourth quarter ending May 31, 2021, tests eighteen silicon carbide wafers simultaneously, ensuring quality and reliability. The company anticipates additional orders from this customer and other key firms in the silicon carbide market, driven by anticipated growth in electric vehicle power semiconductors.

Aehr Test Systems (NASDAQ: AEHR) announced participation in the 18th Annual Craig-Hallum Institutional Investor Virtual Conference on June 2, 2021. The company’s President and CEO, Gayn Erickson, and CFO, Ken Spink, will host virtual meetings with investors.

Erickson stated the focus will be on their semiconductor testing solutions, which are vital for enhancing yield and reliability in markets like electric vehicles, data centers, and wearable tech. Aehr Test provides various innovative testing systems, including the ABTS and FOX families, designed for various semiconductor applications.

Aehr Test Systems (NASDAQ: AEHR) has appointed Fariba Danesh to its board of directors, effective May 10, 2021. Danesh brings over 30 years of experience in technology leadership, particularly in semiconductor and optical markets. Currently the COO of PsiQuantum, she has extensive expertise in photonics and telecommunications. CEO Gayn Erickson highlighted her knowledge of semiconductor testing and reliability, expecting her contribution to be beneficial as the company expands its capabilities in the silicon carbide and photonic sectors. This appointment increases the board's membership to seven.