Aehr Test Systems stock falls 17% as Q4 revenue misses estimates

Published 08/07/2025, 21:22
 Aehr Test Systems stock falls 17% as Q4 revenue misses estimates

FREMONT - Aehr Test Systems (NASDAQ:AEHR) shares tumbled 17% after the semiconductor test equipment supplier reported fourth-quarter revenue that missed analyst expectations, as the company continues to face order delays amid market uncertainty.

The company reported fourth-quarter revenue of $14.1 million, below the consensus estimate of $14.8 million and down from $16.6 million in the same quarter last year. Adjusted earnings per share came in at -$0.01, in line with analyst expectations.

Aehr’s quarterly performance was impacted by timing-related delays in order placements, which the company attributed partly to tariff-related uncertainty. The semiconductor test equipment provider reported bookings of $11.1 million for the quarter and a backlog of $15.2 million as of May 30, 2025.

"Fiscal 2025 was a transformative year for Aehr Test Systems, marked by significant progress on our strategic initiatives to expand our total addressable market, diversify our customer base, and enhance our product portfolio," said Gayn Erickson, President and CEO of Aehr Test Systems. "We expanded into new markets for test and burn-in, including artificial intelligence processors for both wafer and package level, gallium nitride power semiconductors, data storage devices, and silicon photonics integrated circuits."

For the full fiscal year 2025, Aehr reported revenue of $59.0 million, down from $66.2 million in fiscal 2024. The company ended the quarter with $26.5 million in cash, cash equivalents and restricted cash, compared to $31.4 million at the end of the previous quarter.

While maintaining a cautious approach and not providing specific guidance, management expressed optimism about growth opportunities across all market segments in fiscal 2026, with the possible exception of silicon carbide, where customer forecasts indicate stronger growth expected in fiscal 2027.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.