Aehr Test Systems

Aehr Test Systems engages in the design, manufacture and marketing of test and burn-in products to the semiconductor manufacturing industry. Its products include wafer contact test systems, test during burn-in systems, test fixtures and die carriers. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.

Earnings data Q2 2021

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Aehr Test Systems excels in Q2 with silicon carbide growth

Aehr Test Systems delivered strong financial performance in Q2 2023, driven by growth in silicon carbide testing and burn-in market.
While facing challenges in revenue recognition and gross margin sustainability, the company is well-positioned to capitalize on opportunities in expanding markets.
Strategic investments in R&D and market expansion underscore Aehr Test Systems' commitment to innovation and customer-centric growth strategies.

Aehr Test Systems reports record Q3 bookings amidst market momentum

Aehr Test Systems delivered strong financial performance in Q3 2023 with record bookings and a solid balance sheet.
While facing challenges in revenue recognition and managing expenses, the company is well-positioned to capitalize on market opportunities.
With a focus on innovation, customer engagement, and market expansion, Aehr Test Systems is optimistic about its future growth prospects.

Aehr Test Systems achieves record fiscal 2023 performance and forecasts significant growth for 2024

Aehr Test Systems reported strong financial results, highlighted by revenue growth, new customer orders, and innovative product enhancements. Despite challenges in customer forecasting and increased expenses, the company remains confident in meeting targets and expects significant growth in fiscal 2024. Opportunities in expanding markets and potential partnerships position Aehr Test Systems for a successful year ahead.

Aehr Test Systems reports record Q1 earnings, eyes market diversification

Aehr Test Systems posted stellar Q1 results, exceeding expectations and showcasing strong growth momentum.
While facing margin challenges and customer concentration risks, the company is diversifying into new markets and exploring growth avenues.
With a solid cash position, robust bookings, and optimistic outlook on revenue guidance, Aehr Test Systems is poised for continued success.
Strategic focus on silicon carbide, gallium nitride, and memory space positions the company well for future expansion and market leadership.

Aehr Test Systems reports solid Q2 performance amidst market challenges

Aehr Test Systems showed strong performance in Q2 with revenue growth and profitability.
Maintaining a healthy cash position and actively pursuing growth opportunities.
Facing challenges from EV market slowdown and pricing concerns with inventory levels.
Exploring diverse opportunities in silicon carbide solutions and non-core business segments.

Aehr Test Systems addresses revenue challenges, eyes growth opportunities

Aehr Test Systems navigated revenue challenges in Q3 but remains optimistic about returning to profitability and seizing growth opportunities.
The company's strengths lie in its diverse customer base, focus on key semiconductor markets, and readiness to address market shifts.
While facing challenges such as delayed orders and market uncertainties, Aehr Test Systems is actively pursuing opportunities for revenue growth and market expansion.

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Aehr Test Systems engages in the design, manufacture, market, and sale of test and burn-in equipment used in the semiconductor industry. Its products include FOX-XP, FOX-NP, and FOX-CP wafer contact parallel test and burn-in systems, the WaferPak full wafer contactor, the DiePak Carrier, the WaferPak Aligner, the DiePak Autoloader, and test fixtures. The company was founded by Rhea J. Posedel on May 25, 1977 and is headquartered in Fremont, CA.

FREMONT, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its first quarter of fiscal 2023 ended August 31, 2022.

Aehr Test Systems Reports 89% Revenue Growth Year over Year in First Quarter of Fiscal 2023 on Strength of Wafer Level Test and Burn-in of Silicon Carbide Devices used in Electric Vehicles

FREMONT, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has released two new enhancements for its FOX-P family of wafer level test and burn-in systems. These include the FOX™ Bipolar Voltage Channel Module (BVCM) and Very High Voltage Channel Module (VHVCM) options which enable new advanced test and burn-in capabilities for silicon-carbide and gallium-nitride power semiconductors on Aehr's FOX-P wafer-level test and burn-in systems. Silicon Carbide power devices and modules are being widely adopted in the drive train used in electric vehicles as well as onboard and offboard electric vehicle chargers. Gallium Nitride based semiconductors are at the early stages of their application usage, but are expected to grow significantly in their use in a wide range of power conversion applications including photovoltaic, industrial, and other electrification infrastructure applications. The new advanced wafer level test and burn-in capabilities enabled with the addition of the FOX-P BVCM and VHVCM options allow silicon carbide and gallium nitride semiconductor manufacturers more flexibility to address a wider variety of stress and burn-in conditions to address their engineering qualification and production needs in FOX-P multi-wafer test and burn-in systems. These options are available with new system shipments or for upgrades of previously shipped FOX-P systems with first shipments planned with typical 12 - 16 week lead times.

Aehr Announces New Advanced Testing Capabilities on its FOX-P™ Wafer Level Test & Burn-in Systems for Silicon Carbide and Gallium Nitride Technologies

FREMONT, Calif., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will report financial results for its first quarter of fiscal 2023 ended August 31, 2022 on Thursday, October 6, 2022 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.

Aehr Test Systems to Announce First Quarter Fiscal 2023 Financial Results on October 6, 2022

FREMONT, Calif., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor production test and reliability qualification equipment, today announced that President and CEO Gayn Erickson will be a speaker at the EU Power Semiconductor Executive Summit (EU PSES) taking place September 19-20, 2022 at the Hilton Munich Park in Munich, Germany. Mr. Erickson will be giving a presentation on September 19th at 4:30pm local Munich time.

Aehr Test Systems CEO to Present at the EU Power Semiconductor Executive Summit in Munich, Germany on September 19, 2022

A stock up big on a down day for the market is always noteworthy.

Why Aehr Test Systems Stock Was Up 14% Today

FREMONT, Calif., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor production test and reliability qualification equipment, today announced it has received a purchase order from a new customer for a FOX-NPTM multi-wafer test and burn-in system, multiple WaferPakTM Contactors and a FOX WaferPak Aligner to be used for qualification of Aehr's wafer level burn-in solution for silicon carbide devices for electric vehicles and other markets. This company is a major supplier of silicon carbide devices serving several significant markets including the electric vehicle industry. This order has acceptance criteria including demonstrating certain new enhancements and functionality criteria offered by Aehr and stipulated under a corresponding evaluation and acceptance agreement. Upon successful completion of the specified criteria, final acceptance of the purchase order is met, and title transfer and invoicing will be completed.

Aehr Receives Wafer Level Burn-in System Order from New Major Supplier of Silicon Carbide Semiconductors

indie Semiconductor

Indie Semiconductor and Aehr Test Systems are growing fast as the modern vehicle rapidly changes.

These 2 Small Chip Stocks Are Booming Thanks to Electric Vehicles

FREMONT, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will participate in the 3rd Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on Thursday, August 25, 2022.

Aehr Test Systems to Participate in the Needham Semiconductor and SemiCap 1x1 Conference on August 25

FREMONT, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has received over $4.0 million in orders from its lead silicon carbide test and burn-in customer for WaferPak™ full wafer Contactors for multiple new silicon carbide device designs and increased production capacity needs for power semiconductors for the electric vehicle market. These WaferPak Contactors are expected to ship by the end of Aehr's fiscal third quarter ending February 28, 2023.

Aehr Receives Production Orders for WaferPak™ Full Wafer Contactors to Meet Growing Demand for Electric Vehicles

The tiny semiconductor company is flying high thanks to the electric vehicle market.

Why Aehr Test Systems Stock Was Soaring Nearly 24% Higher Today

Aehr Test Systems (NASDAQ:AEHR ) Q4 2022 Earnings Conference Call July 19, 2022 5:00 PM ET Corporate Participants Jim Byers - MKR Investor Relations Gayn Erickson - President and Chief Executive Officer Ken Spink - Chief Financial Officer Conference Call Participants Christian Schwab - Craig-Hallum Larry Chlebina - Chlebina Capital Management Dylan Patel - SemiAnalysis Bradford Ferguson - Halter Ferguson Financial Operator Good day, and welcome to the Aehr Test Systems Fiscal 2022 Fourth Quarter and Full Year Financial Results Conference Call. All participants will be in a listen-only mode.

Aehr Test Systems (AEHR) CEO Gayn Erickson on Q4 2022 Results - Earnings Call Transcript

Aehr Test Systems (NASDAQ: AEHR) reported fourth-quarter sales growth of 166% year-over-year to $20.3 million, beating the consensus of $20.02 million. Adjusted EPS improved to $0.23 from $ 0.04 in 4Q22.

Aehr Test Systems Shares Soar On Q4 Results, Clocks 166% Revenue Growth

FREMONT, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has received $12.8 million in orders from its lead silicon carbide test and burn-in customer for multiple FOX-XP™ systems, a FOX™ high volume production WaferPak Aligner, and a small number of FOX WaferPak full wafer contactors to meet their increased production capacity needs for power semiconductors for the electric vehicle market. The WaferPaks in these orders are to be used with previously shipped FOX-XP systems and Aehr expects significant subsequent orders for WaferPaks needed for the system orders announced today.

Aehr Receives $12.8 Million in Follow-on Orders for Multiple FOX-XP™ Systems and WaferPak™ Contactors to Support Production Test and Burn-in of Silicon Carbide Power Devices for Electric Vehicles

FREMONT, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022.

Aehr Reports Record Revenue for Fiscal 2022 Fourth Quarter and Full Year Driven by Demand for Semiconductor Wafer Test and Burn-in for Electric Vehicles

FREMONT, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will report financial results for its fiscal 2022 fourth quarter and full year ended May 31, 2022 on Tuesday, July 19, 2022 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.

Aehr Test Systems to Announce Fiscal 2022 Fourth Quarter and Full Year Financial Results on July 19, 2022

FREMONT, Calif., July 11, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that President and CEO Gayn Erickson and CFO Ken Spink are scheduled to participate in the 14th Annual CEO Summit investor conference being held July 13, 2022 at the St. Regis Hotel, San Francisco, CA.

Aehr Test Systems to Participate in the 14th Annual CEO Investor Summit in San Francisco

FREMONT, Calif., June 06, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that President and CEO Gayn Erickson will participate in a fireside chat at the JP Morgan Chase Silicon Carbide (SiC) & Gallium Nitride (GaN) Week today, Tuesday, June 7, at 10:00 a.m. Eastern time (7:00 a.m. PT). You may register to view the presentation here.

Aehr Test Systems to Participate in Fireside Chat at JP Morgan Chase Silicon Carbide (SiC) & Gallium Nitride (GaN) Week on June 7, 2022

FREMONT, Calif., June 03, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that CEO and President Gayn Erickson will be presenting at the LD Micro 12th Annual Invitational Conference on Wednesday, June 8th at 12:00pm PT at the Four Seasons Hotel in Westlake Village, CA, and will be meeting with investors throughout the day. You may register to watch the presentation here.

Aehr Test Systems to Present at LD Micro Invitational Conference on June 8, 2022

FREMONT, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today confirms its previously provided financial guidance ahead of hosting virtual meetings with investors today at the 19th Annual Craig-Hallum Institutional Investor Conference.

Aehr Test Systems Confirms Financial Guidance of Revenues Exceeding $50 Million for Fiscal Year Ending May 31, 2022 Ahead of Craig-Hallum Institutional Investor Conference

FREMONT, Calif., May 25, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will participate in the 19th Annual Craig-Hallum Institutional Investor Conference taking place virtually on Wednesday, June 1, 2022. Aehr Test President and CEO Gayn Erickson will be hosting virtual meetings with investors throughout the day.

Aehr Test Systems to Participate in the Craig-Hallum Institutional Investor Conference on June 1, 2022

FREMONT, Calif., May 09, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will participate in the 7th Annual Oppenheimer Emerging Growth Conference taking place virtually on Tuesday, May 10, 2022. Aehr Test President and CEO Gayn Erickson and CFO Ken Spink will be hosting virtual meetings with investors throughout the day.

Aehr Test Systems to Participate in the Oppenheimer Emerging Growth Conference on May 10, 2022

FREMONT, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that Laura Oliphant, a member of its Board of Directors, has been included in the 16th Annual Directorship 100™ list of the nation's “Most Influential Corporate Directors and Governance Experts” by The National Association of Corporate Directors (NACD). The list annually recognizes the most influential peer-nominated leaders in the boardroom and corporate governance community.

Aehr Test Systems Board Member Laura Oliphant Recognized as NACD Directorship 100™ Honoree

The company is riding several waves, most notably that of the electrification of transport. Wafer level burn-in is likely to become the industry standard providing a huge opportunity to Aehr's FOX-XP's systems.

Time To Start Accumulating Aehr Test Systems Again

Aehr Test Systems (AEHR) CEO Gayn Erickson on Q3 2022 Results - Earnings Call Transcript

FREMONT, Calif., March 31, 2022 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its third quarter of fiscal 2022 ended February 28, 2022.

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