Welcome to our dedicated page for Aehr Test Sys news (Ticker: AEHR), a resource for investors and traders seeking the latest updates and insights on Aehr Test Sys stock.
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 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.
Aehr Test Systems (NASDAQ: AEHR) reported its fiscal Q3 2021 results, showing net sales of $5.3 million, down from $6.1 million in Q3 2020. The GAAP net loss was $735,000 or $0.03 per diluted share, compared to a net income of $245,000 in the prior year. Notably, bookings surged to $8.0 million, significantly surpassing $3.1 million in Q3 2020. For the fiscal year, net sales totaled $9.0 million, a decrease from $18.5 million in the previous year. Looking ahead, Q4 revenue is projected at at least $7.0 million, indicating a potential growth of 33%.
Aehr Test Systems (NASDAQ: AEHR) will report its third quarter financial results for fiscal 2021 on April 8, 2021, after market close. A conference call will be held at 5:00 PM ET to discuss these results. Interested parties can dial in or access the live webcast through the investor relations section of Aehr's website. The company focuses on semiconductor test and reliability qualification equipment, catering to the rising demands of the Automotive and Mobility integrated circuit markets.
Aehr Test Systems (NASDAQ: AEHR) announced a $1.2 million order for WaferPak™ Contactors from a leading semiconductor manufacturer for testing silicon photonics devices aimed at data centers. This order reflects increased production testing volume and a long-term growth outlook, as market research predicts a 26.8% compound annual growth rate for silicon photonics. The FOX-XP system supports diverse integrated devices, reinforcing Aehr's position in the semiconductor testing market.
Aehr Test Systems (NASDAQ: AEHR) has secured an order worth over $1.4 million from a current client for a FOX-XP™ multi-wafer test and burn-in system, along with multiple WaferPak™ Contactors for the production qualification of high-performance silicon photonics devices. The shipment is expected before the fiscal year's end on May 31, 2021. The client, a significant fiber optic transceiver supplier for the Data Center Interconnect (DCI) market, will utilize the FOX-XP system to meet increasing production needs, driven by a projected CAGR of over 55% in the DCI market.