Welcome to our dedicated page for Aehr Test Systems news (Ticker: AEHR), a resource for investors and traders seeking the latest updates and insights on Aehr Test Systems stock.
Aehr Test Systems, headquartered in Fremont, California, is a global leader in providing innovative solutions for the testing and burn-in of semiconductor devices. With an installed base of over 2,500 systems worldwide, Aehr Test Systems specializes in systems tailored for the burn-in and testing of memory and logic integrated circuits. The company’s flagship products include the ABTS, FOX™, and MAX™ systems, along with the DiePak® Carrier.
Among their offerings, the ABTS system performs both low-power and high-power logic tests during burn-in for all common types of memory devices. The FOX system is designed for full wafer contact testing and burn-in, making it highly efficient for both engineering and high-volume production. The MAX system is proficient in burning-in and functionally testing complex devices like DSPs, microprocessors, and SoCs. Lastly, the DiePak carrier allows for cost-effective final tests and burn-in of bare dies.
Aehr Test Systems is meeting the rising demands for high-quality and reliable integrated circuits, driven by the automotive and mobile markets, among others. The company is also expanding its market reach with new opportunities in silicon carbide and gallium nitride power semiconductors. Their latest innovations, such as the FOX WaferPak™ Aligner and FOX-XP™ WaferPak Contactor, underscore their commitment to enhancing test accuracy and efficiency.
Financially, Aehr Test Systems has shown robust growth, with net revenues of $20.6 million in the first quarter of fiscal 2024, reflecting a significant increase from previous years. The company's financial condition is strong, supported by substantial cash reserves and a growing backlog of orders. Aehr Test Systems continues to build strategic partnerships and is actively engaging with new customers to further expand its market presence.
Aehr Test Systems (NASDAQ: AEHR) will announce its fiscal 2022 fourth quarter and full year financial results on July 19, 2022, after market close. A conference call is scheduled for 5:00 p.m. ET to discuss the results, where stakeholders can join by dialing +1 877-270-2148 in the US or +1 412-902-6510 internationally. The company is a key supplier of semiconductor test and reliability equipment, with over 2,500 systems installed globally.
Aehr Test Systems (NASDAQ: AEHR), a leading supplier of semiconductor test systems, announced that its CEO Gayn Erickson and CFO Ken Spink will participate in the 14th Annual CEO Summit on July 13, 2022, in San Francisco. They will discuss innovative semiconductor testing solutions serving critical markets, including electric vehicles and data centers. The company focuses on silicon carbide and gallium nitride technologies, which are key growth drivers. Presentation materials will be available on Aehr's investor relations website.
Aehr Test Systems (NASDAQ: AEHR) announced that President and CEO Gayn Erickson will participate in a fireside chat at JP Morgan Chase's Silicon Carbide & Gallium Nitride Week on June 7, 2022, at 10:00 a.m. ET. The discussion will focus on the growing market for silicon carbide in electric vehicles and infrastructure, as well as gallium nitride applications. Aehr Test provides advanced test solutions aimed at enhancing semiconductor reliability and yield, particularly for emerging technologies in automotive and data centers.
Aehr Test Systems (NASDAQ: AEHR) announced that CEO Gayn Erickson will present at the LD Micro 12th Annual Invitational Conference on June 8, 2022, at 12:00 PM PT in Westlake Village, CA. The presentation will cover their advanced semiconductor testing solutions, particularly for silicon carbide semiconductors used in electric vehicles and silicon photonics for data centers. The company aims to highlight the revenue potential of these technologies in the coming fiscal years.
LD Micro founder Chris Lahiji praised Aehr Test's consistent excellence at their events.
Aehr Test Systems (NASDAQ: AEHR) reported a strong fiscal year 2022 with total revenue exceeding $50 million, marking a threefold increase compared to the previous year. The company anticipates continued growth in the silicon carbide market for electric vehicles and related infrastructure. CEO Gayn Erickson expressed optimism about the upcoming fiscal year, citing expected new customer engagements and significant investment from a lead customer in silicon carbide solutions. Detailed financial guidance for fiscal 2023 will be shared in mid-July.
Aehr Test Systems (NASDAQ: AEHR), a leading provider of semiconductor testing equipment, announced its participation in the 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022. President and CEO Gayn Erickson will hold virtual meetings with investors to discuss their innovative semiconductor test solutions aimed at enhancing yield and reliability for various applications, including electric vehicles and data centers. Aehr Test's products, including the ABTS™ and FOX-P™ testing systems, are designed to meet the growing demands of the Automotive and Mobility integrated circuit markets.
Aehr Test Systems (NASDAQ: AEHR) will participate in the 7th Annual Oppenheimer Emerging Growth Conference on May 10, 2022. CEO Gayn Erickson and CFO Ken Spink will host virtual meetings with investors to discuss their semiconductor testing solutions. The company focuses on wafer-level and singulated die testing, crucial for improving semiconductor yield and reliability, especially in sectors like electric vehicles and 5G infrastructure. Aehr's innovative products, including the ABTS and FOX systems, enhance testing efficiency and quality for various semiconductor applications.
Aehr Test Systems (NASDAQ: AEHR) announced its third-quarter fiscal 2022 financial results, revealing net sales of $15.3 million, a 190% increase from $5.3 million in Q3 fiscal 2021. GAAP net income stood at $2.2 million ($0.08 per diluted share), reversing a net loss of $735,000 a year earlier. Non-GAAP net income was $4.1 million ($0.14 per diluted share). Backlog reached $26.9 million, with an effective backlog exceeding $30 million. The company reiterated guidance for at least $50 million in total revenue for the fiscal year, projecting profitability.
Aehr Test Systems (NASDAQ: AEHR) announced over $3.5 million in orders from a key customer for WaferPak™ full wafer Contactors to support new silicon carbide device designs and volume production. These orders align with the growth in the electric vehicle (EV) market, particularly for silicon carbide devices like traction inverters and on-board chargers. The company's FOX-XP™ systems are anticipated to facilitate a significant scaling of production in response to projected market demands that may rise from 150,000 to over four million wafers by 2030, enhancing their capacity to meet the automotive sector's requirements.
FAQ
What is the current stock price of Aehr Test Systems (AEHR)?
What is the market cap of Aehr Test Systems (AEHR)?
What does Aehr Test Systems specialize in?
What are some of Aehr Test Systems' key products?
Where is Aehr Test Systems headquartered?
How has Aehr Test Systems performed financially recently?
What industries drive the demand for Aehr Test Systems' products?
What recent innovations has Aehr Test Systems introduced?
What are the applications of the FOX system?
What is the capacity of Aehr Test Systems' installed base?
What is the DiePak® Carrier used for?
What future opportunities is Aehr Test Systems exploring?
