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Aehr Test Systems provides test and burn-in systems for semiconductor devices used in artificial intelligence, silicon photonics, data center, automotive and industrial applications. Company news commonly covers production orders, customer ramps and bookings for wafer-level burn-in and package-level burn-in applications, including deployments of the FOX, Sonoma and WaferPak product families.
Updates also address quarterly financial results, backlog, capacity investments and demand trends tied to AI processors, custom ASICs, silicon photonics optical interconnects, silicon carbide devices and other high-reliability semiconductor markets. The company operates as a designer, manufacturer and seller of advanced test and burn-in products for semiconductor manufacturers.
Aehr Test Systems (NASDAQ: AEHR) announced that CEO Gayn Erickson will present at the LD Micro 12th Annual Invitational Conference on June 8, 2022, at 12:00 PM PT in Westlake Village, CA. The presentation will cover their advanced semiconductor testing solutions, particularly for silicon carbide semiconductors used in electric vehicles and silicon photonics for data centers. The company aims to highlight the revenue potential of these technologies in the coming fiscal years.
LD Micro founder Chris Lahiji praised Aehr Test's consistent excellence at their events.
Aehr Test Systems (NASDAQ: AEHR) reported a strong fiscal year 2022 with total revenue exceeding $50 million, marking a threefold increase compared to the previous year. The company anticipates continued growth in the silicon carbide market for electric vehicles and related infrastructure. CEO Gayn Erickson expressed optimism about the upcoming fiscal year, citing expected new customer engagements and significant investment from a lead customer in silicon carbide solutions. Detailed financial guidance for fiscal 2023 will be shared in mid-July.
Aehr Test Systems (NASDAQ: AEHR), a leading provider of semiconductor testing equipment, announced its participation in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022. President and CEO Gayn Erickson will hold virtual meetings with investors to discuss their innovative semiconductor test solutions aimed at enhancing yield and reliability for various applications, including electric vehicles and data centers. Aehr Test's products, including the ABTS™ and FOX-P™ testing systems, are designed to meet the growing demands of the Automotive and Mobility integrated circuit markets.
Aehr Test Systems (NASDAQ: AEHR) will participate in the 7th Annual Oppenheimer Emerging Growth Conference on May 10, 2022. CEO Gayn Erickson and CFO Ken Spink will host virtual meetings with investors to discuss their semiconductor testing solutions. The company focuses on wafer-level and singulated die testing, crucial for improving semiconductor yield and reliability, especially in sectors like electric vehicles and 5G infrastructure. Aehr's innovative products, including the ABTS and FOX systems, enhance testing efficiency and quality for various semiconductor applications.
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Aehr Test Systems (NASDAQ: AEHR) announced its third-quarter fiscal 2022 financial results, revealing net sales of $15.3 million, a 190% increase from $5.3 million in Q3 fiscal 2021. GAAP net income stood at $2.2 million ($0.08 per diluted share), reversing a net loss of $735,000 a year earlier. Non-GAAP net income was $4.1 million ($0.14 per diluted share). Backlog reached $26.9 million, with an effective backlog exceeding $30 million. The company reiterated guidance for at least $50 million in total revenue for the fiscal year, projecting profitability.
Aehr Test Systems (NASDAQ: AEHR) announced over $3.5 million in orders from a key customer for WaferPak™ full wafer Contactors to support new silicon carbide device designs and volume production. These orders align with the growth in the electric vehicle (EV) market, particularly for silicon carbide devices like traction inverters and on-board chargers. The company's FOX-XP™ systems are anticipated to facilitate a significant scaling of production in response to projected market demands that may rise from 150,000 to over four million wafers by 2030, enhancing their capacity to meet the automotive sector's requirements.
Aehr Test Systems (NASDAQ: AEHR) will report its third quarter financial results for fiscal 2022 on March 31, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern Time, where company officials will discuss the results. Interested parties can participate via phone or live webcast. Headquartered in Fremont, California, Aehr Test is a provider of semiconductor test equipment, addressing testing needs in the Automotive and Mobility integrated circuit markets.
Aehr Test Systems (NASDAQ: AEHR) has announced an initial order exceeding $1.2 million from a FOX-XP Multi Wafer and Singulated Die/Module test customer for its proprietary FOX DiePak Carriers. This signifies a new application for the FOX-XP system aimed at enhancing device testing and monitoring. The order includes an automated DiePak pick and place handler and reflects growth in the company's consumables business, which may reach 50% of total sales in the future. Aehr's systems enable rigorous testing for critical applications, including 5G communications and automotive devices.
Aehr Test Systems (NASDAQ: AEHR) reported impressive financial results for Q2 of fiscal 2022, with net sales reaching $9.6 million, a 471% increase from the previous year. The company achieved GAAP net income of $717,000 or $0.03 per diluted share, contrasting sharply with a loss of $2.0 million in Q2 of fiscal 2021. Bookings hit a record $29.1 million, while backlog reached $36.1 million. Aehr continues to foresee growth in the silicon carbide market, driven by electric vehicle demand, and maintained its revenue guidance of at least $50 million for the fiscal year.