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Aehr Test Systems (AEHR) provides critical semiconductor testing technologies for automotive, AI, and power electronics markets. This news hub offers investors and industry professionals centralized access to official updates and market developments.
Track earnings announcements, product launches for FOX-series test systems, and strategic partnerships impacting wafer-level burn-in solutions. Discover how AEHR's innovations in silicon carbide and gallium nitride testing address evolving manufacturing challenges.
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Aehr Test Systems (NASDAQ:AEHR) has received $12.7 million in orders for multiple sets of WaferPak™ full wafer Contactors from a silicon carbide test and burn-in customer. These Contactors will be used for production of silicon carbide power semiconductors for electric vehicles. The WaferPaks are expected to be delivered over the next three months.
The orders highlight Aehr's ongoing partnership and the customer's need for wafer level burn-in and screening of new device designs. Aehr's proprietary WaferPak Contactors are unique to each customer's device design and adapt to changes in designs, wafer patterns, or sizes. The company remains enthusiastic about the silicon carbide market for electric vehicles, seeing it as a significant opportunity.
Aehr Test Systems (NASDAQ:AEHR) reported fiscal 2024 Q4 and full-year results, with record annual revenue of $66.2 million. Q4 net revenue was $16.6 million, with GAAP net income of $23.9 million ($0.81 per diluted share). Full-year GAAP net income reached $33.2 million ($1.12 per diluted share). The company benefited from a $20.8 million tax valuation allowance release. Aehr expects fiscal 2025 revenue of at least $70 million with net profit before taxes of at least 10%. The company highlighted growth opportunities in silicon carbide, AI processors, and gallium nitride markets. Aehr also announced the acquisition of Incal Technology to expand its AI processor testing capabilities.
Aehr Test Systems (NASDAQ: AEHR) has released preliminary unaudited financial results for its fiscal fourth quarter and full year ended May 31, 2024. The company reported fourth-quarter revenue of approximately $16.6 million and a GAAP net income of about $23.8 million, which includes a $20.8 million tax benefit from the release of the company's full income tax valuation allowance. For the full fiscal year, revenue reached around $66.2 million, and GAAP net income was approximately $33.1 million, surpassing previous guidance and analyst expectations. Despite a slowdown in electric vehicle (EV) demand affecting silicon carbide device shipments, Aehr achieved record annual revenue. CEO Gayn Erickson highlighted the company's engagement with new potential silicon carbide device suppliers and emerging opportunities in markets like silicon photonics and gallium nitride power semiconductors. Full financial results will be released on July 16, 2024, followed by an earnings conference call.
Aehr Test Systems (NASDAQ:AEHR), a global provider of semiconductor test and burn-in equipment, will release its financial results for the fiscal 2024 fourth quarter and full year on July 16, 2024, after market close. The announcement will be followed by a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results. Investors can access the live call by dialing +1 888-506-0062 (US & Canada) or +1 973-528-0011 (International) using the passcode 196310. A replay of the call will be available for one week post-event by dialing +1 877-481-4010 (US & Canada) or +1 919-882-2331 (International) with the replay passcode 50772.
Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, announced that its President and CEO, Gayn Erickson, will attend the 16th Annual CEO Investor Summit 2024. The event will take place on July 10th at the St. Regis Hotel in San Francisco, CA. Erickson expressed enthusiasm about discussing the company's wafer level test and burn-in solutions, which enhance the quality, reliability, and yield of semiconductors. These solutions are important for sectors such as electric vehicles, data centers, and 5G infrastructure. The presentation materials will be available on Aehr's investor relations page.
Aehr Test Systems (NASDAQ:AEHR), a global supplier of semiconductor test and burn-in equipment, will present at the William Blair 44th Annual Growth Stock Conference in Chicago on June 5 at 2:00pm CT. President and CEO Gayn Erickson and CFO Chris Siu will discuss the company's wafer level test and burn-in solutions for semiconductor production, focusing on markets such as electric vehicles, data centers, and 5G infrastructure. The presentation will be webcast live and available for replay. Investors can contact William Blair or MKR Investor Relations for more details or to schedule meetings.
Aehr Test Systems (NASDAQ: AEHR) will participate in the 21st Annual Craig-Hallum Institutional Investor Conference on May 29, 2024, in Minneapolis. President and CEO Gayn Erickson will hold one-on-one meetings with investors to discuss the company's wafer level test and burn-in solutions for semiconductor production. Aehr Test offers solutions for improving the quality, reliability, and yield of semiconductors used in electric vehicles, power conversion applications, and data centers. The company sees significant growth potential in the adoption of these solutions for new applications like optical I/O and co-packaged optics devices.
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