---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-009130"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T08:35:39.176943+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-23-009130
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/0001654954-23-009130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-009130
- JSON: https://secwatch.observer/filing/0001654954-23-009130.json
- Plain text: https://secwatch.observer/filing/0001654954-23-009130.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/0001654954-23-009130-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009130/0001654954-23-009130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.