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Aehr Test Systems Fiscal Q4 Non-GAAP Earnings Rise While Sales Decline; Shares Surge After Hours
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Aehr Test Systems Fiscal Q4 Non-GAAP Earnings Rise While Sales Decline; Shares Surge After Hours
Jul 16, 2024 2:14 PM

04:59 PM EDT, 07/16/2024 (MT Newswires) -- Aehr Test Systems ( AEHR ) reported fiscal Q4 non-GAAP earnings late Tuesday of $0.84 per diluted share, up from $0.23 a year earlier.

Analysts polled by Capital IQ expected $is 0.11.

Net revenue for the quarter that ended May 31 was $16.6 million, down from $22.3 million a year earlier.

Analysts surveyed by Capital IQ expected $15.5 million.

The company expects fiscal 2025 revenue of at least $70 million. Analysts expect $67.9 million.

Shares of the company traded 15% higher in after-hours activity.

Price: 19.33, Change: +2.49, Percent Change: +14.79

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