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

AEHR Test Systems

09/01/2024 22:02

* Aehr Test Systems  AEHR.OQ  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended in November,
higher than the same quarter last year, when the company
reported EPS of 16 cents.  The mean expectation of two analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 18 cents to 20 cents per
share.
    * Revenue rose 44.7% to $21.43 million from a year ago;
analysts
expected $20.89 million. 
    * The company reported quarterly net income of $6.09
million.
    * Aehr Test Systems shares had fallen by 17.0% this quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Aehr Test
Systems
is $60.00 

This summary was machine generated from LSEG data January 9 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2023      0.19           0.23           Beat
 Aug. 31 2023      0.16           0.18           Beat
 May. 31 2023      0.22           0.23           Beat
 Feb. 28 2023      0.14           0.16           Beat