Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry in the United States, Asia, and Europe. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices. It also provides FOX systems, which are full wafer contact parallel test and burn-in systems designed to make contact with various pads of a wafer simultaneously; WaferPak contactor that includes a full-wafer probe card for use in testing wafers in FOX systems; DiePak carrier, a reusable and temporary package that enables integrated circuit (IC) manufacturers to perform test and burn-in of singulated bare die or very small multi-IC modules; and test fixtures that hold the devices undergoing test or burn-in and electrically connect the devices under test to the system electronics. In addition, the company offers WaferPak Aligner, which performs automatic alignment of the customer's wafer to the WaferPak contactor; and DiePak Loader that performs automatic loading of the customer's modules to the DiePak carrier. Further, Aehr Test Systems provides customer service and support programs, including system installation, system repair, applications engineering support, spare parts inventory, customer training, and documentation services. It markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies through a network of distributors and sales representatives. Aehr Test Systems was founded in 1977 and is headquartered in Fremont, California.
IPO Year: 1997
Exchange: NASDAQ
Website: aehr.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/17/2024 | $12.00 → $25.00 | Hold → Buy | Craig Hallum |
| 3/26/2024 | $12.00 | Buy → Hold | Craig Hallum |
| 3/25/2024 | Outperform → Mkt Perform | William Blair | |
| 10/17/2022 | Outperform | William Blair |
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FREMONT, CA / ACCESSWIRE / November 13, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the Craig-Hallum 15th Annual Alpha Select Conference taking place on November 19, 2024 at the Sheraton New York Times Square Hotel. President and CEO Gayn Erickson and CFO Chris Siu will be hosting meetings with institutional investors throughout the day."We look forward to discussing with investors and shareholders our unique wafer level test and package part burn-in solutions for semiconductor production and the markets they serve, including our acquisition last July of Incal Technology and new high pow
FREMONT, CA / ACCESSWIRE / October 10, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its first quarter of fiscal 2025 ended August 30, 2024.Fiscal First Quarter Financial Results:Net revenue was $13.1 million, compared to $20.6 million in the first quarter of fiscal 2024.GAAP net income was $0.7 million, or $0.02 per diluted share, compared to GAAP net income of $4.7 million, or $0.16 per diluted share, in the first quarter of fiscal 2024.Non-GAAP net income, which excludes the impact of stock-based compensation, acquisition-related costs, and amortization of intangible assets, was $2.2 million,
FREMONT, CA / ACCESSWIRE / October 2, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its first quarter of fiscal 2025 ended August 30, 2024 on Thursday, October 10, 2024 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.What: Aehr Test Systems first quarter fiscal 2025 financial results conference call.When: Thursday, October 10, at 5:00 p.m. Eastern Time (2:00 p.m. PT).Dial in Number: To access the live call, dial +1 888-506-0062 (US and Canada) or +1 973-528-0011 (International) and give th
FREMONT, CA / ACCESSWIRE / September 5, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received its first multisystem customer orders for its Sonoma ultra-high-power system for volume production test and burn-in of artificial intelligence (AI) processors. This customer is a large-scale data center hyperscaler delivering computing power and storage capacity to millions of individuals and organizations worldwide.These initial orders are for six Sonoma systems, configured for production testing of ultra-high-power AI devices and include turnkey application-specific burn-in modules with active liquid-based conducti
FREMONT, CA / ACCESSWIRE / August 21, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the Jefferies Semiconductor, IT Hardware & Communications Technology Conference taking place August 27-28, 2024 at the Four Seasons Hotel in Chicago. President and CEO Gayn Erickson and CFO Chris Siu will be hosting meetings with investors throughout the day on Tuesday, August 27."We look forward to discussing with investors and shareholders our unique wafer level test and package part burn-in solutions for semiconductor production and the markets they serve, including our recently closed acquisition of Inc
FREMONT, CA / ACCESSWIRE / August 19, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will participate in the 5th Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on Wednesday, August 21, 2024.Aehr Test President and CEO Gayn Erickson and CFO Chris Siu will be hosting virtual meetings with investors throughout the day."We look forward to discussing with investors and shareholders our unique wafer level test and package part burn-in solutions for semiconductor production and the markets they serve, including our recently closed acquisition of Incal Technology and new high power packaged part relia
FREMONT, CA / ACCESSWIRE / August 1, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has completed its acquisition of Incal Technology, Inc., a Fremont, California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers. The acquisition was announced in a press release on July 16, 2024 that may be accessed here.Gayn Erickson, President and CEO of Aehr Test Systems, commented, "We are very pleased to have closed this acquisition so quickly and seamlessly and to have received such positive fe
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it entered into a stock purchase agreement to acquire all of the outstanding capital stock of Incal Technology, Inc., a Fremont, California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers.The acquisition expands Aehr's product portfolio to include Incal's highly acclaimed test solutions, particularly its ultra-high-power capabilities for AI accelerators, GPUs, and high-performance computing (HPC) proces
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received $12.7 million in orders from one of its silicon carbide test and burn-in customers for multiple sets of WaferPak™ full wafer Contactors to be used for production needs for wafer level burn-in and screening of silicon carbide power semiconductors for the electric vehicle market. These WaferPaks are expected to be delivered over the next three months.Gayn Erickson, President and CEO of Aehr Test Systems, commented, "We are excited about our continued partnership with this customer and to receive these orders to help them m
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its fiscal 2024 fourth quarter and full year ended May 31, 2024.Fiscal Fourth Quarter Financial Results:Net revenue was $16.6 million, compared to $22.3 million in the fourth quarter of fiscal 2023GAAP net income was $23.9 million, or $0.81 per diluted share, which includes the impact of a tax benefit resulting from the release of the Company's full income tax valuation allowance of approximately $20.8 million, compared to GAAP net income of $6.1 million, or $0.21 per diluted share, in the fourth quarter of fiscal
FREMONT, CA / ACCESSWIRE / October 10, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its first quarter of fiscal 2025 ended August 30, 2024.Fiscal First Quarter Financial Results:Net revenue was $13.1 million, compared to $20.6 million in the first quarter of fiscal 2024.GAAP net income was $0.7 million, or $0.02 per diluted share, compared to GAAP net income of $4.7 million, or $0.16 per diluted share, in the first quarter of fiscal 2024.Non-GAAP net income, which excludes the impact of stock-based compensation, acquisition-related costs, and amortization of intangible assets, was $2.2 million,
FREMONT, CA / ACCESSWIRE / October 2, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its first quarter of fiscal 2025 ended August 30, 2024 on Thursday, October 10, 2024 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.What: Aehr Test Systems first quarter fiscal 2025 financial results conference call.When: Thursday, October 10, at 5:00 p.m. Eastern Time (2:00 p.m. PT).Dial in Number: To access the live call, dial +1 888-506-0062 (US and Canada) or +1 973-528-0011 (International) and give th
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its fiscal 2024 fourth quarter and full year ended May 31, 2024.Fiscal Fourth Quarter Financial Results:Net revenue was $16.6 million, compared to $22.3 million in the fourth quarter of fiscal 2023GAAP net income was $23.9 million, or $0.81 per diluted share, which includes the impact of a tax benefit resulting from the release of the Company's full income tax valuation allowance of approximately $20.8 million, compared to GAAP net income of $6.1 million, or $0.21 per diluted share, in the fourth quarter of fiscal
FREMONT, CA / ACCESSWIRE / July 9, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced select preliminary unaudited financial results for its fiscal 2024 full year ended May 31, 2024, in advance of the Company's participation in the 16th Annual CEO Investor Summit 2024, which will be held Wednesday, July 10th at the St. Regis Hotel in San Francisco, CA.Fiscal Fourth Quarter 2024 Preliminary Unaudited Revenue and Net Income Results:Fourth quarter revenue of approximately $16.6 million.Fourth quarter GAAP net income of approximately $23.8 million, which includes a tax benefit resulting from the release of the Company's full
FREMONT, CA / ACCESSWIRE / July 2, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its fiscal 2024 fourth quarter and full year ended May 31, 2024 on Tuesday, July 16, 2024 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.What: Aehr Test Systems fiscal 2024 fourth quarter and full year financial results conference call.When: Tuesday, July 16, at 5:00 p.m. Eastern Time (2:00 p.m. PT).Dial in Number: To access the live call, dial +1 888-506-0062 (US and Canada) or +1 973-528-0011 (International
FREMONT, CA / ACCESSWIRE / April 1, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its third quarter of fiscal 2024 ended February 29, 2024 on Tuesday, April 9, 2024 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.What: Aehr Test Systems third quarter fiscal 2024 financial results conference call.When: Tuesday, April 9, at 5:00 p.m. Eastern Time (2:00 p.m. PT).Dial in Number: To access the live call, dial +1 888-506-0062 (US and Canada) or +1 973-528-0011 (International) and give the partic
FREMONT, CA / ACCESSWIRE / March 25, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced preliminary financial results for its third quarter of fiscal 2024 ended February 29, 2024. Preliminary results reflect delays in wafer level burn-in system orders for semiconductor devices used in electric vehicles that have created a short-term gap in revenue and profitability. Additionally, Aehr provided updated revenue guidance for its full fiscal year ending May 31, 2024.For the fiscal third quarter ended February 29, 2024, Aehr expects:Revenue of approximately $7.6 millionGAAP net loss of approximately $1.5 million to $1.8 millio
FREMONT, CA / ACCESSWIRE / January 2, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its second quarter of fiscal 2024 ended November 30, 2023 on Tuesday, January 9, 2024 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results.What: Aehr Test Systems second quarter fiscal 2024 financial results conference call.When: Tuesday, January 9, at 5:00 p.m. Eastern Time (2:00 p.m. PT).Dial in Number: To access the live call, dial +1 877-545-0523 (US and Canada) or +1 973-528-0016 (International) and give th
FREMONT, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced financial results for its first quarter of fiscal 2024 ended August 31, 2023. Fiscal First Quarter Financial Results: Net revenue was $20.6 million, up 93% from $10.7 million in the first quarter of fiscal 2023.GAAP net income was $4.7 million, or $0.16 per diluted share, up from GAAP net income of $589,000, or $0.02 per diluted share, in the first quarter of fiscal 2023.Non-GAAP net income, which excludes the impact of stock-based compensation, was $5.2 million, or $0.18 per diluted share, compared to non-GAA
FREMONT, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its first quarter of fiscal 2024 ended August 31, 2023 on Thursday, October 5, 2023 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. Eastern time to discuss the results. What: Aehr Test Systems first quarter fiscal 2024 financial results conference call. When:Thursday, October 5, at 5:00 p.m. Eastern Time (2:00 p.m. PT). Dial in Number:To access the live call, dial +1 844-735-3765 (US and Canada) or +1 412-317-5712 (International) a
Craig Hallum upgraded Aehr Test Systems from Hold to Buy and set a new price target of $25.00 from $12.00 previously
Craig Hallum downgraded Aehr Test Systems from Buy to Hold and set a new price target of $12.00
William Blair downgraded Aehr Test Systems from Outperform to Mkt Perform
William Blair initiated coverage of Aehr Test Systems with a rating of Outperform
FREMONT, CA / ACCESSWIRE / July 16, 2024 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it entered into a stock purchase agreement to acquire all of the outstanding capital stock of Incal Technology, Inc., a Fremont, California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers.The acquisition expands Aehr's product portfolio to include Incal's highly acclaimed test solutions, particularly its ultra-high-power capabilities for AI accelerators, GPUs, and high-performance computing (HPC) proces
FREMONT, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced the appointment of Chris Siu as the Company's Chief Financial Officer, Executive Vice President of Finance, and Secretary effective June 1, 2023. He will succeed Ken Spink, who previously announced his planned retirement after 15 years with the Company. Mr. Spink will stay on through the completion of Aehr's fiscal 2023 year that ends May 31, 2023 and annual 10-K filing to ensure an orderly transition. Mr. Siu brings more than 27 years of finance and accounting experience in the semiconductor, medical equipment, and
FREMONT, CA / ACCESSWIRE / January 27, 2023 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor production test and reliability qualification equipment, today announced that long-time board member, Mario M. Rosati, has retired from the Company's Board, effective January 24, 2023.Rhea Posedel, Founder and Chairman of Aehr Test Systems, says, "As a young attorney (now at Wilson Sonsini Goodrich and Rosati), Mario incorporated the Company in 1977 and became our first outside director. His broad business knowledge and invaluable advice was extremely helpful to me during our startup phase, whether it was raising venture capital funding or adding industry leaders to the board.
FREMONT, Calif., May 14, 2021 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has appointed Fariba Danesh to its board of directors, effective May 10, 2021. Ms. Danesh is a technology industry veteran, with 30 years of executive-level technology and operating leadership in multiple enterprise and consumer hardware markets, with special emphasis on semiconductor, photonics, telecommunications, and data storage. She is currently COO at PsiQuantum, a quantum computing startup based in Palo Alto, CA that is using silicon photonics to build the world's first useful quantum computer, ap
Aehr Test Systems (NASDAQ:AEHR) shares are soaring Wednesday following robust fiscal Q4 2024 results and optimistic FY25 guidance. What Happened: The semiconductor test equipment supplier reported fourth-quarter net revenue of $16.6 million, beating estimates of $15.44 million. Non-GAAP net income of $0.84 per share, beating the consensus estimate of $0.10. For the fiscal year, Aehr achieved a record net revenue of $66.2 million. Looking ahead, Aehr projects fiscal year 2025 revenue of at $70 million, surpassing the $65.1 million consensus estimate. What Else: CEO Gayn Erickson also highlighted the role of silicon carbide power semiconductors in the company's success, driven by
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling over 1% on Wednesday. The Dow traded up 0.53% to 41,173.41 while the NASDAQ fell 2.51% to 18,044.33. The S&P 500 also fell, dropping, 1.24% to 5,597.06. Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsConsumer staples shares jumped by 1.4% on Wednesday. In trading on Wednesday, information technology shares fell by 3.6%. Top Headline Synchrony Financial (NYSE:SYF) reported better-than-expected second-quarter results on Wednesday. The company posted quarterly net interest income of $4.405 billion, beating the consensus of $4.28
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 200 points on Wednesday. The Dow traded up 0.50% to 41,160.40 while the NASDAQ fell 2.46% to 18,053.81. The S&P 500 also fell, dropping, 1.15% to 5,601.75. Check This Out: Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday Leading and Lagging SectorsReal estate shares jumped by 1% on Wednesday. In trading on Wednesday, information technology shares fell by 3.2%. Top Headline U.S. crude oil inventories declined by 4.87 million barrels in the week ended July 12, falling for the third consecutive week, the EIA said. Equities Trading UP
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Wednesday. Shares of U.S. Bancorp (NYSE:USB) shares rose during Wednesday's session following a second-quarter earnings beat. Revenue stood at $6.867 billion (-4.3% Y/Y), beating the consensus of $6.795 billion. Adjusted earnings per share totaled 98 cents, beating the consensus of 94 cents, according to data from Benzinga Pro. U.S. Bancorp shares gained 4.7% to $45.34 on Wednesday. Here are some other big stocks recording gains in today’s session. Aehr Test Systems (NASDAQ:AEHR) shares jumped 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenu
AEHR: 18% | Aehr Test Systems shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors. LGVN: 38% | Longeveron shares are trading higher after the company announced that the FDA granted Fast Track designation to Lomecel-B for the treatment of mild Alzheimer's Disease. GTLB: 16% | GitLab shares are trading higher following a report suggesting the company is exploring a sale.
Aehr Test Systems (NASDAQ:AEHR) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the key figures from the report. The Details: Aehr reported quarterly earnings of 84 cents per share which beat the analyst consensus estimate of 10 cents by 740%. Quarterly sales came in at $16.6 million, which beat the analyst consensus estimate of $15.442 million by 7.5%. Bookings were $4 million for the quarter and backlog as of May 31, 2024, was $7.3 million. Effective backlog, which includes all orders received since the end of the fourth quarter, is $20.8 million. “Our full-year revenue and net income results exceeded our previou
Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it entered into a stock purchase agreement to acquire all of the outstanding capital stock of Incal Technology, Inc., a Fremont, California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading Artificial Intelligence (AI) semiconductor manufacturers.The acquisition expands Aehr's product portfolio to include Incal's highly acclaimed test solutions, particularly its ultra-high-power capabilities for AI accelerators, GPUs, and high-performance computing (HPC) processors. AI semiconductors are among the highe