---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-012655"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T03:45:23.441324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aehr Test Systems Q1 FY2024 revenue $20.6M, up 93% YoY; GAAP EPS $0.16 vs $0.02

## Summary
- Net revenue $20.6M (+93% YoY); GAAP net income $4.7M ($0.16 diluted EPS).
- Non-GAAP net income $5.2M ($0.18 diluted) vs $1.3M ($0.05) a year ago.
- Bookings $18.4M for the quarter; backlog $22.3M as of Aug 31, 2023.
- Cash from operations $3.9M; total cash $51.0M, up from $47.9M at May 31.
- Strength in production wafer level burn-in products for silicon carbide semiconductors.

## SEC filing metadata
- accession: 0001654954-23-012655
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2023-10-05T23:59:59+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/1040470/000165495423012655/0001654954-23-012655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495423012655/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-012655
- JSON: https://secwatch.observer/filing/0001654954-23-012655.json
- Plain text: https://secwatch.observer/filing/0001654954-23-012655.txt

## Key facts
- Earnings Releases
  AEHR TEST SYSTEMS reported first quarter of fiscal 2024 ended August 31, 2023 results: revenue Net revenue was $20.6 million, net income GAAP net income was $4.7 million, EPS $0.16 per diluted share.
  - Period: first quarter of fiscal 2024 ended August 31, 2023
  - Revenue: Net revenue was $20.6 million
  - Net income: GAAP net income was $4.7 million
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: burn-in equipment, today announced financial results for its first quarter of fiscal 2024 ended August 31, 2023. Fiscal First Quarter Financial Results: · Net revenue was $20.6 million, up 93% from $10.7 million in the first quarter of fiscal 2023. · GAAP net income was $4.7 million, or $0.16 per diluted share, up from GAAP net income of $589,000, or $0.02 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040470/000165495423012655/0001654954-23-012655-index.htm

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