earnings
confidence high
sentiment neutral
materiality 0.85
Aehr Test Systems Reports Fiscal Q4 2024 Revenue $16.6M, Full Year Record Revenue $66.2M
AEHR TEST SYSTEMS
2024-FY EPS reported
$1.12
revenue$66,218,000
- Net revenue for Q4 fiscal 2024 was $16.6 million, down from $22.3 million in Q4 fiscal 2023.
- GAAP net income for Q4 was $23.9 million ($0.81 per diluted share), including a $20.8 million tax benefit from valuation allowance release.
- Full year fiscal 2024 net revenue reached a record $66.2 million, up from $65.0 million in fiscal 2023.
- Board approved change in fiscal year end to a 4-4-5 calendar ending on the Friday closest to May 31, effective June 1, 2024.
- Non-GAAP net income for Q4 was $24.7 million ($0.84 per diluted share), compared to $6.8 million in prior year quarter.