Benzinga | Apr 8, 2021 04:18PM EDT

Recap: Aehr Test Systems Q3 Earnings

Shares of Aehr Test Systems (NASDAQ:AEHR) fell after the company reported Q3 results.

Quarterly Results

Earnings per share fell 300.00% over the past year to ($0.02), which missed the estimate of $0.02.

Revenue of $5,267,000 declined by 13.81% from the same period last year, which missed the estimate of $6,560,000.

Guidance

Aehr Test Systems Sees Q4 Sales $7M Vs 11.49M Estimates

Details Of The Call

Date: Apr 08, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/by2btw3u

Price Action

Company's 52-week high was at $3.60

Company's 52-week low was at $1.15

Price action over last quarter: Up 26.07%

Company Profile

Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, incremental capacity needs, and new opportunities for the company's products in package, wafer level, and singulated die/module level test. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several innovative products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.