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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), 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.
Aehr Test Systems (NASDAQ: AEHR) will report its third quarter financial results for fiscal 2022 on March 31, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern Time, where company officials will discuss the results. Interested parties can participate via phone or live webcast. Headquartered in Fremont, California, Aehr Test is a provider of semiconductor test equipment, addressing testing needs in the Automotive and Mobility integrated circuit markets.
Aehr Test Systems (NASDAQ: AEHR) has announced an initial order exceeding $1.2 million from a FOX-XP Multi Wafer and Singulated Die/Module test customer for its proprietary FOX DiePak Carriers. This signifies a new application for the FOX-XP system aimed at enhancing device testing and monitoring. The order includes an automated DiePak pick and place handler and reflects growth in the company's consumables business, which may reach 50% of total sales in the future. Aehr's systems enable rigorous testing for critical applications, including 5G communications and automotive devices.
Aehr Test Systems (NASDAQ: AEHR) reported impressive financial results for Q2 of fiscal 2022, with net sales reaching $9.6 million, a 471% increase from the previous year. The company achieved GAAP net income of $717,000 or $0.03 per diluted share, contrasting sharply with a loss of $2.0 million in Q2 of fiscal 2021. Bookings hit a record $29.1 million, while backlog reached $36.1 million. Aehr continues to foresee growth in the silicon carbide market, driven by electric vehicle demand, and maintained its revenue guidance of at least $50 million for the fiscal year.
Aehr Test Systems (NASDAQ: AEHR) announced that President and CEO Gayn Erickson, along with CFO Ken Spink, will present at the 24th Annual Needham Virtual Growth Conference on January 12 at 2:45 PM ET. They will engage in virtual one-on-one meetings with investors throughout the day. The company aims to showcase its semiconductor testing solutions, crucial for enhancing the yield and reliability of semiconductors in electric vehicles, data centers, and mobile applications. The presentation will be available for live streaming and replay on Aehr's website.
Aehr Test Systems (NASDAQ: AEHR) will announce its second-quarter fiscal 2022 financial results on January 6, 2022, following market close. A conference call will be held at 5:00 PM ET to discuss the results. Investors can join the call by dialing 800-437-2398 (US) or +1 929-477-0577 (International) and using the participant passcode 5907605. The conference will also be available via webcast on the company's investor relations page. Aehr Test Systems specializes in semiconductor test and reliability equipment, catering to the growing needs of automotive and mobility circuit markets.
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