04:56 PM EDT, 10/10/2024 (MT Newswires) -- Aehr Test Systems ( AEHR ) reported fiscal Q1 non-GAAP earnings Thursday of $0.07 per diluted share, down from $0.18 a year ago.

Two analysts polled by Capital IQ expected $0.02.

Net revenue for the quarter ended Aug. 30 was $13.1 million, down from $20.6 million a year earlier.

Two analysts surveyed by Capital IQ expected $12.2 million.

The company reiterated its fiscal 2025 revenue guidance of at least $70 million.

Two analysts polled by Capital IQ expect $71.2 million.

The shares were rising past 9% in after-hours activity.

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