Aehr Test Systems reports record FY2023 revenue $65M, EPS $0.50; guides >50% revenue growth in FY2024

AEHR TEST SYSTEMS

2023-FY EPS reported $0.50 revenue$64,961,000

Q4 revenue $22.3M (record), GAAP EPS $0.21, non-GAAP EPS $0.23.
FY23 revenue $65.0M (record, +28% YoY), GAAP EPS $0.50 (+54% YoY), non-GAAP EPS $0.59.
Effective backlog $39.7M including post-quarter orders; cash $47.9M.
Guides FY2024 revenue >50% over FY2023 on wafer-level test and burn-in demand.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AEHR TEST SYSTEMS reported the fourth quarter ended May 31, 2023 results: revenue $22.3 million, net income $6.1 million, EPS $0.21 per diluted share. Guidance initiated.

Period: the fourth quarter ended May 31, 2023
Revenue: $22.3 million
Net income: $6.1 million
EPS: $0.21 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Net sales were a record $22.3 million, up from $20.3 million in the fourth quarter of fiscal 2022. · GAAP net income was a record $6.1 million, or $0.21 per diluted share, up from GAAP net income of $5.8 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2022.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AEHR TEST SYSTEMS reported the fiscal year ended May 31, 2023 results: revenue $65.0 million, net income $14.6 million, EPS $0.50 per diluted share. Guidance initiated.

Period: the fiscal year ended May 31, 2023
Revenue: $65.0 million
Net income: $14.6 million
EPS: $0.50 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Net sales were a record $65.0 million, up 28% from $50.8 million in fiscal 2022. · GAAP net income was a record $14.6 million, or $0.50 per diluted share, up 54% from GAAP net income of $9.5 million, or $0.34 per diluted share, in fiscal 2022.

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Source: SEC EDGAR

accession 0001654954-23-009130

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