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 orders exceeding $1.3 million for its WaferPak consumables from existing clients utilizing FOX multi-wafer test systems. The orders pertain to new designs and increased volume production tests of silicon carbide power semiconductors for electric vehicles and photonics devices for data centers. CEO Gayn Erickson highlighted a growing demand in the silicon carbide and silicon photonics markets, projecting significant future production capacity needs. The company anticipates that consumables may contribute up to 50% of total annual revenue in the long term.
Aehr Test Systems (NASDAQ: AEHR) reported its fiscal Q2 2021 results, with net sales of $1.7 million, a significant decline from $6.9 million in Q2 2020. The company posted a GAAP net loss of $2.0 million or $0.08 per diluted share, compared to a net income of $251,000, or $0.01 per diluted share, last year. Amid COVID-19's impact, backlog stood at $1.1 million. Aehr revised its full-year revenue guidance down to $20 million - $25 million but remains optimistic about future bookings and revenue increases.
Aehr Test Systems (NASDAQ: AEHR) will report its financial results for the second quarter of fiscal 2021, ended November 30, 2020, on January 7, 2021, after the market closes. The company will host a conference call at 5:00 p.m. ET for discussion of these results. Interested parties can access the call by dialing 800-437-2398 or via a webcast at Aehr's investor relations website. The call will be available for replay until January 14, 2021.
Aehr Test Systems (NASDAQ: AEHR) will participate in the D.A. Davidson Semicap, Laser and Optical Conference on December 15, 2020. President and CEO Gayn Erickson and CFO Ken Spink will hold one-on-one meetings with investors. Aehr is positioned to support silicon photonics and traditional photonics with manufacturing test solutions vital to 5G infrastructure. The company has introduced new products now in volume production, targeting growth in the photonics market. Tom Diffely from D.A. Davidson highlighted AEHR's potential for explosive growth in testing for emerging photonics and optical sensor markets.
Aehr Test Systems (Nasdaq: AEHR) announces participation in the 12th Annual CEO Investor Summit on December 16, 2020. President and CEO Gayn Erickson and CFO Ken Spink will discuss the company's semiconductor testing solutions, focusing on improving yield and reliability in devices like silicon carbide semiconductors for electric vehicles and silicon photonics for data centers. The event features a virtual format with small group meetings, providing investors insight into the company's product offerings and market potential.
Aehr Test Systems (NASDAQ: AEHR) announced a $4.3 million order from a new customer, a sensor supplier to a major mobile device manufacturer. The order includes a FOX-XP production test system, DiePak Carriers®, and automated loaders for high-volume sensor production testing. Initial shipment is expected in fiscal Q3 2021. Aehr anticipates further orders due to the customer's need for cost-effective testing solutions that ensure high quality and reliability of sensors used in mobile devices. The FOX-XP system provides unique features for testing advanced sensors in increasing demand.
Aehr Test Systems (NASDAQ: AEHR) will participate in the Craig-Hallum 11th Annual Alpha Select Virtual Conference on November 17, 2020. CEO Gayn Erickson and CFO Ken Spink will host investor meetings to discuss the company's semiconductor testing solutions. Aehr Test highlights its innovations in wafer-level and die test and burn-in solutions, particularly for silicon carbide semiconductors used in electric vehicles and silicon photonics in 5G infrastructure. The company aims to enhance yield and reliability, anticipating significant revenue growth in the upcoming fiscal year.
Aehr Test Systems (NASDAQ: AEHR) will showcase its FOX-P™ platform for multi-wafer, die, and module testing at the Virtual SWTest Conference on November 11, 2020. The FOX-P system is designed for high-volume production, focusing on applications in 5G, Data Centers, and Electric Vehicles. The company emphasizes its capability to test 100% of die on a wafer in a single insertion, enhancing reliability and cost savings. CEO Gayn Erickson noted the importance of these systems for the growing silicon carbide market, which requires stringent reliability standards.
Aehr Test Systems (NASDAQ: AEHR) announced a design win and initial order for multiple DiePak Carriers to test and burn-in 3D sensor modules for a major customer. This order marks an expansion of their test solutions and reflects increasing interest in Aehr's FOX systems. The FOX-XP system offers advanced testing capabilities, including precise temperature management and comprehensive device monitoring. The growing demand for reliable testing solutions in the semiconductor market positions Aehr to capitalize on new opportunities as the industry evolves.
Aehr Test Systems (NASDAQ: AEHR) reported a net sales decline to $2.0 million for Q1 fiscal 2021, down from $5.5 million compared to Q1 fiscal 2020. GAAP net income rose to $107,000 or $0.00 per diluted share, contrasting with a net loss of $413,000 last year. Non-GAAP net loss was $2.0 million, significantly affected by a $2.2 million non-cash gain from the closure of its Japan subsidiary. Despite temporary COVID-19 disruptions, the company anticipates revenue growth of 12%-26% year-over-year in FY 2021, projecting total revenue between $25 million and $28 million.