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

AEHR Test Systems

14/07/2023 23:46

* Aehr Test Systems  AEHR.OQ  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended in May. The mean
expectation of two analysts for the quarter was for earnings of
22 cents per share.
    * Revenue rose 9.8% to $22.27 million from a year ago;
analysts
expected $22.01 million. 
    * Aehr Test Systems's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 0.4% this
quarter and
gained 106.1% so far this year.
    * The company reported quarterly net income of $6.11
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 July
14 at 10:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      0.22           0.23           Beat
 Feb. 28 2023      0.14           0.16           Beat
 Nov. 30 2022      0.09           0.16           Beat
 Aug. 31 2022      0.01           0.05           Beat