Aehr Test Systems reports results for the quarter ended in August - Earnings Summary

AEHR Test Systems

05/10/2023 22:01

* Aehr Test Systems  AEHR.OQ  reported quarterly adjusted
earnings
of 18 cents​​ per share for the quarter ended in August. The
mean expectation of two analysts for the quarter was
for earnings of 16 cents per share.
    * Revenue rose 93.3% to $20.62 million from a year ago;
analysts
expected $19.23 million. 
    * The mean earnings estimate of analysts had fallen by
about 23.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Aehr Test Systems shares had fallen by 1.2% this
quarter and
gained 124.6% so far this year.
    * The company reported quarterly net income of $4.67
million.
    * Wall Street's median 12-month price target for Aehr Test
Systems
is $60.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 5 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      0.16           0.18           Beat
 May. 31 2023      0.22           0.23           Beat
 Feb. 28 2023      0.14           0.16           Beat
 Nov. 30 2022      0.09           0.16           Beat