Aehr Test Systems Q4 revenue ~$16.6M, FY revenue ~$66.2M, beats guidance

AEHR TEST SYSTEMS

2024-FY EPS reported $1.12 revenue$66,218,000

Q4 GAAP net income ~$23.8M includes $20.8M tax benefit from releasing valuation allowance.
Full-year GAAP net income ~$33.1M; revenue of $66.2M exceeded guidance of at least $65M.
CEO cites record annual revenue despite SiC pushouts from slowing EV demand in H2.
FY2025 outlook expects broader market traction in silicon photonics, GaN, and AI processors.
Preliminary results ahead of July 16 earnings call; analyst consensus was surpassed.

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