secwatch.observer — SEC 8-K summary
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Issuer:     AEHR TEST SYSTEMS (AEHR)
CIK:        0001040470
Form:       8-K
Filed at:   2024-07-16T23:59:59+00:00
Accession:  0001654954-24-009013
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aehr Test Systems Reports Fiscal Q4 2024 Revenue $16.6M, Full Year Record Revenue $66.2M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040470/000165495424009013/0001654954-24-009013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040470/000165495424009013/aehr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-009013

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