Friday, January 6, 2023 – Aehr Test Systems (AEHR) today reported increased profits and earnings.
Aehr Test Systems’ earnings were EPS of $0.16 per share, 100.00% higher than the estimated EPS of $0.08 per share. The company’s earnings are up 220% since he reported $0.05 a share in the same period a year ago. Reported earnings are on an adjusted basis and may not be comparable to previous reports or analyst estimates.
Revenue was strong at $14.8 million. This is his 54.15% increase in earnings from last year’s report and he is 15.92% higher than the consensus estimate set at $12.8 million.
After this report, the stock has increased 39.69% to $24.13.
Aehr Test Systems’ revenues are growing faster than revenues, demonstrating margin expansion.
Prior to this report, Wall Street Analysts rated the stock’s average rating as “strong buy.”
investor observer We give the stock a bearish sentiment score at the moment based on recent trading.
Aehr Test Systems has been slightly above average over the past few months. Prior to the report, Aehr Test Systems obtained a long-term technical rank. investor observer Out of 66, put it in the top half of the stock. The company recently traded at a 52-week high of $28 on December 1, 2022, and on July 5, 2022, he set a 52-week low of $6.71.
Aehr Test Systems is engaged in test systems for burn-in and testing of logic, optical and memory integrated circuits. The growing quality and reliability needs of the automotive and mobility integrated circuit market drive additional test requirements for the company’s products in package, wafer level, and individualized die/module level testing, increasing capacity needs, and Driving new opportunities. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has several innovative products such as the ABTSTM and FOX-PTM families of test and burn-in systems, FOX WaferPakTM aligners and FOX-XP WaferPak contactors. developed and introduced products. FOX DiePak Carrier and FOX DiePak Loader.