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Aehr Test Systems reschedules Q2 earnings call to January 13

Published 31/12/2024, 18:38
Aehr Test Systems reschedules Q2 earnings call to January 13
AEHR
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FREMONT, CA - Aehr Test Systems (NASDAQ:AEHR), a global provider of semiconductor test and burn-in equipment with a "GOOD" InvestingPro Financial Health score, announced a rescheduling of its second quarter fiscal 2025 earnings release and subsequent conference call. The company, which has demonstrated strong profitability with a 50.5% gross margin and maintains a healthy balance sheet with more cash than debt, continues to attract investor attention. Initially set for January 9, 2025, the events are now slated for Monday, January 13, 2025, after market close, due to the National Day of Mourning for former President Jimmy Carter and the resulting closure of US stock markets on the original date.

The conference call, which will include a discussion of the quarter’s results, is scheduled for 5:00 p.m. Eastern Time. Interested parties can join the call by dialing +1 888-506-0062 in the US and Canada, or +1 973-528-0011 internationally, with the participant passcode 747530. Additionally, a live webcast will be accessible through the investor relations section of Aehr Test Systems’ website.

A replay of the call will be available approximately two hours after the live event concludes and will be accessible for one week. To access the replay, callers should dial +1 877-481-4010 or +1 919-882-2331 internationally and enter the replay passcode 51776.

Aehr Test Systems specializes in equipment for testing, burn-in, and stabilizing semiconductor devices in various forms, including wafer level and singulated die. The company’s products, such as the FOX-PTM family, FOX WaferPakTM Aligner, and FOX DiePak® Carrier, serve quality and reliability needs across multiple applications. According to InvestingPro analysis, the company’s stock currently appears undervalued based on its Fair Value calculations, with analysts maintaining a bullish outlook and setting a price target above current trading levels. These applications range from electric vehicles and renewable energy to computing and telecommunications infrastructure.

The FOX-XP and FOX-NP systems are notable for their ability to test and burn-in a wide array of devices, including silicon carbide-based power semiconductors and sensors used in mobile devices. The FOX-CP system offers a cost-effective single-wafer test solution, while the FOX WaferPak Contactor and FOX DiePak Carrier facilitate full wafer and singulated die/module testing.

Aehr’s acquisition of Incal Technology, Inc. expanded its product line to include high-power packaged part reliability and burn-in test solutions, positioning the company within the AI semiconductor market. This move underscores Aehr’s role as a provider of testing solutions from engineering to high-volume production. With a 26% revenue CAGR over the past five years and a current market capitalization of approximately $496 million, Aehr demonstrates significant growth potential. Discover more detailed insights and 15+ additional ProTips by accessing the comprehensive research report available on InvestingPro.

This announcement is based on a press release statement from Aehr Test Systems.

In other recent news, Aehr Test Systems has been in the limelight for several significant developments. The company’s Q1 financial results for fiscal 2025 revealed a revenue of $13.1 million and a non-GAAP net income of $2.2 million, both figures exceeding consensus estimates despite year-over-year decreases. Aehr Test Systems has reaffirmed its fiscal 2025 revenue guidance of at least $70 million, with a significant portion, 85%, expected from wafer-level burn-in.

In addition to its financial performance, Aehr Test Systems recently completed the acquisition of Incal Technology, thereby enhancing its high-power testing capabilities for AI semiconductors. This strategic move has already led to the company receiving its first volume production orders for Incal’s Sonoma ultra-high-power semiconductor test solution.

At Aehr Test Systems’ Annual Meeting, shareholders elected six directors to the board and ratified BPM LLP as the company’s independent registered public accounting firm for the upcoming fiscal year. The compensation of the company’s named executive officers was also approved on a non-binding, advisory basis. These are the latest developments for Aehr Test Systems, a company that continues to make strides in the semiconductor testing industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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