The company posted net income of $1.4 million, or 4 cents per share, marking a sharp recovery from the $2.9 million loss, or 10 cents per share, recorded during the same period last year. Revenue reached $18.8 million, a 35% increase that narrowly surpassed analyst projections of $18.7 million.
In section Market Quotes
Aehr Test Systems Shares Surge on Profit Turnaround
A 30% jump in after-hours trading greeted Aehr Test Systems on Tuesday as the semiconductor equipment manufacturer shifted from a deep deficit to a quarterly profit. The stock climbed to $94.11, shattering its regular session close of $72.01 following a robust report for the period ending May 29.
Chief Executive Gayn Erickson attributed the performance to sustained demand for AI processors, silicon photonics, and power semiconductors. After closing the 2026 fiscal year with $50 million in net revenue, the firm set an ambitious outlook for 2027. Management now forecasts annual revenue between $130 million and $150 million, with expectations for adjusted net income to settle between 18% and 22% of that total.
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