secwatch.observer — SEC 8-K summary
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Issuer:     AEHR TEST SYSTEMS (AEHR)
CIK:        0001040470
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001654954-24-012870
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aehr Test Systems Q1 revenue $13.1M, down 36% YoY; GAAP EPS $0.02 vs $0.16
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- Net revenue $13.1M (down 36% YoY from $20.6M); GAAP net income $0.7M ($0.02 EPS) vs $4.7M ($0.16).
- Non-GAAP net income $2.2M ($0.07 diluted) vs $5.2M ($0.18) in prior year.
- Bookings $16.8M, backlog $16.6M as of Aug 30, 2024.
- Cash $40.8M (down from $49.3M) due to $10.6M acquisition of Incal Technology.
- Reaffirms full-year fiscal 2025 guidance; no specific numbers in release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040470/000165495424012870/0001654954-24-012870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040470/000165495424012870/aehr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-012870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer