Aehr Q3 revenue $7.6M, GAAP loss $0.05/sh; reiterates FY24 guidance

AEHR TEST SYSTEMS

2024-Q3 EPS reported $0.31 revenue$49,618,000

Net revenue $7.6M, down 56% YoY from $17.2M in Q3 FY23.
GAAP net loss $1.5M ($0.05 diluted loss) vs net income $4.1M ($0.14) YoY.
Non-GAAP net loss $0.9M ($0.03) vs non-GAAP income $4.7M ($0.16) YoY.
Bookings $24.5M, backlog $20M at Feb 29, 2024; cash $47.6M.
Reiterates full-year fiscal 2024 financial guidance.

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 third quarter of fiscal 2024 ended February 29, 2024 results: revenue $7.6 million, net income $(1.5) million, EPS $(0.05) per diluted share. Guidance reaffirmed.

Period: third quarter of fiscal 2024 ended February 29, 2024
Revenue: $7.6 million
Net income: $(1.5) million
EPS: $(0.05) per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

and burn-in equipment, today announced financial results for its third quarter of fiscal 2024 ended February 29, 2024. Fiscal Third Quarter Financial Results: · Net revenue was $7.6 million, compared to $17.2 million in the third quarter of fiscal 2023. · GAAP net loss was $(1.5) million, or $(0.05) per diluted share, compared to GAAP net income of $4.1 million, or

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Source: SEC EDGAR

accession 0001654954-24-004414

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