David S. Hendrickson
Mr. David S. Hendrickson retired as an officer of the Company on May 31, 2023.
Highest-materiality recent filing
Aehr Test Systems reports Q4 revenue $18.8M, record bookings $60.7M; guides FY2027 revenue $130-150M
Q4 net revenue $18.8M vs $14.1M YoY; GAAP net income $1.4M ($0.04 diluted) vs loss of $2.9M.
Aehr Test Systems Q3 revenue $10.3M, bookings $37.2M; guides H2 at high-end of $60-80M
Net revenue $10.3M vs $18.3M YoY; GAAP net loss $(3.2)M ($(0.10)/diluted) vs $(0.6)M loss ($(0.02)) YoY.
Aehr Test Q2 FY2026: revenue $9.9M (-27% YoY), GAAP loss $(3.2)M, reinstates guidance
Net revenue $9.9M, down 27% from $13.5M YoY; GAAP net loss $(3.2)M ($0.11/share) vs $(1.0)M loss ($0.03/share).
Aehr Test Systems Q1 revenue down 16% YoY to $11M; posts GAAP loss
Revenue $11.0M, down from $13.1M in Q1 FY2025.
Aehr Test Systems Q4 revenue $14.1M, GAAP loss $(0.10)/share; full year revenue $59.0M
Net revenue $14.1M in Q4 FY2025, down from $16.6M YoY; full year $59.0M vs $66.2M.
Aehr Test Systems Q3 revenue up 141% to $18.3M, but withdraws guidance on tariff uncertainty
Net revenue $18.3M vs $7.6M YoY; GAAP EPS $(0.02) vs $(0.05) YoY.
Aehr Test Systems Q2 revenue falls to $13.5M; GAAP net loss $0.03/share; reaffirms FY guidance
Net revenue $13.5M, down from $21.4M in Q2 FY2024 (-37% YoY).
Aehr Test Systems Q1 revenue $13.1M, down 36% YoY; GAAP EPS $0.02 vs $0.16
Net revenue $13.1M (down 36% YoY from $20.6M); GAAP net income $0.7M ($0.02 EPS) vs $4.7M ($0.16).
Aehr Test Systems completes acquisition of Incal Technology for $21M
Total purchase price $21.0M: $14.0M cash + $7.0M in Aehr common stock.
Aehr Test Systems acquires Incal Technology for $21M to bolster AI semiconductor test market
Purchase price: $14M cash + 552,355 shares of Aehr common stock valued at $7M ($12.673/share).
Aehr Test Systems Reports Fiscal Q4 2024 Revenue $16.6M, Full Year Record Revenue $66.2M
Net revenue for Q4 fiscal 2024 was $16.6 million, down from $22.3 million in Q4 fiscal 2023.
Aehr Test Systems Q4 revenue ~$16.6M, FY revenue ~$66.2M, beats guidance
Q4 GAAP net income ~$23.8M includes $20.8M tax benefit from releasing valuation allowance.
Aehr Q3 revenue $7.6M, GAAP loss $0.05/sh; reiterates FY24 guidance
Net revenue $7.6M, down 56% YoY from $17.2M in Q3 FY23.
Aehr Test Systems Q2 revenue up 45% YoY to $21.4M, guides FY2024 rev $75-85M
Q2 GAAP net income $6.1M ($0.20 diluted EPS), up 63% YoY from $3.7M ($0.13).
Aehr Test Systems Q1 FY2024 revenue $20.6M, up 93% YoY; GAAP EPS $0.16 vs $0.02
Net revenue $20.6M (+93% YoY); GAAP net income $4.7M ($0.16 diluted EPS).
Q4 revenue $22.3M (record), GAAP EPS $0.21, non-GAAP EPS $0.23.
CFO Kenneth B. Spink to retire after fiscal year-end; successor search underway
Kenneth B. Spink notified Aehr Test Systems on March 28, 2023 of his plan to retire.
Aehr Test Systems reports record quarterly bookings of $33.3M; Q3 net sales up 13% YoY
Net sales $17.2M, up 13% from $15.3M in Q3 FY2022.
Aehr Test Systems Q2 FY2023 revenue up 54% to $14.8M; GAAP EPS $0.13, Non-GAAP EPS $0.16
Net sales $14.8M, up 54% YoY from $9.6M; GAAP net income $3.7M ($0.13 diluted EPS) vs $717K ($0.03) YoY.
Aehr Test Systems Q1 FY2023 revenue $10.7M, up 89% YoY; non-GAAP EPS $0.05
Net sales of $10.7M versus $5.6M in Q1 FY2022, an 89% increase.
Aehr Test Systems reports record Q4 revenue $20.3M, up 166% YoY; GAAP EPS $0.20
Q4 net sales $20.3M (+166% YoY); GAAP net income $5.8M ($0.20 diluted EPS).
Aehr Test Systems reports record Q3 revenue $15.3M, up 190% YoY, swinging to profit
Net sales $15.3M, up 190% from $5.3M in Q3 FY2021; driven by wafer test and burn-in demand for electric vehicles.
Aehr Test Systems reports record Q2 bookings of $29.1M; revenue up 471% YoY
Net sales of $9.6M, up 471% from $1.7M YoY; GAAP net income $717K ($0.03 diluted EPS) vs loss of $2.0M.
Aehr Test Systems reports record Q1 bookings; raises FY2022 guidance ~80% on EV chip test demand
Record bookings in Q1 fiscal 2022 ended August 31, 2021.
Mr. David S. Hendrickson retired as an officer of the Company on May 31, 2023.
On May 31, 2023, David S. Hendrickson, the Company’s Chief Technology Officer, retired from the Company.
Mr. Siu will replace Kenneth B. Spink who will remain through his retirement on August 31, 2023 to assist in the transition.
On May 8, 2023, the Board of Directors (the "Board") of Aehr Test Systems (the "Company") appointed Chris Siu as the Company's Executive Vice President of Finance, Chief Financial Officer and Secretary, effective upon his hire date of June 1, 2023.
On March 28, 2023, Kenneth B. Spink, the Company’s Chief Financial Officer (“CFO”), notified the Company of his intention to retire after the end of current fiscal year end reporting.
On January 24, 2023, Mario Rosati retired as a director of Aehr Test Systems (the "Company").
On March 28, 2022, the Board of Directors (the "Board") of Aehr Test Systems (the "Company") appointed Adil Engineer as the Company's Chief Operating Officer, effective April 6, 2022.
On January 21, 2022, Michael A Brannan, the Vice President of Operations of Aehr Test Systems (the “Company”), voluntarily terminated his employment with the Company.
The Company appointed David Fucci as Interim Vice President of Operations of the Company effective upon Mr. Brannan’s termination.
Max materiality 0.90 · Median 0.55 · Most common event earnings