NASDAQ$AEHR

Aehr Test System · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Aehr Test Systems reported financial results for the first quarter of fiscal year 2021, maintaining financial guidance for growth and profitability.

Aehr Test Systems reported net sales of $2.0 million and a GAAP net income of $107,000 for the first quarter of fiscal 2021. The company maintains its expected full year total revenue to be between $25 million and $28 million, and to be profitable for the fiscal year.

  • Net sales were $2.0 million, compared to $5.5 million in the first quarter of fiscal 2020.
  • GAAP net income was $107,000, or $0.00 per diluted share, compared to a GAAP net loss of $413,000, or $0.02 per diluted share, in the first quarter of fiscal 2020.
  • Non-GAAP net loss was $2.0 million, or $0.09 per diluted share.
  • Backlog as of August 31, 2020 was $1.2 million.

Headline financials

Total Revenue

$2.01M

Previous: $5.53M-63.6%
EPS (adj)

-$0.09

Previous: -$0.01-800.0%
Backlog

$1.2M

No prior period
Capital Expenditures

-$47K

Previous: -$50K+6.0%
Free Cash Flow

$60K

Previous: -$463K+113.0%
Net Income

$107K

Previous: -$413K+125.9%
Operating Income

-$2.19M

Previous: -$429K-409.8%
Gross Profit

$227K

Previous: $2.27M-90.0%
Cash & Equivalents

$6.31M

Previous: $5.27M+19.9%
Total Assets

$18.7M

Previous: $22M-15.1%

Revenue & EPS history

Aehr · Revenue · Quarterly

$2.01M

Q1 2021-63.6%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

For the fiscal year ending May 31, 2021, Aehr maintains its expected full year total revenue to be between $25 million and $28 million, which would represent growth between 12% and 26% year over year, and to be profitable for the fiscal year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+3.2%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+4.9%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+42.0%

Q4 2022

Best reaction

-28.9%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+25.5%+26.3%
Q2 2026+15.9%+9.3%+5.8%
Q1 2026-16.9%-25.8%-25.2%
Q4 2025+1.4%+8.7%+36.1%
Q3 2025+29.2%+22.4%+24.6%
Q2 2025-28.9%-24.0%-37.6%
Q1 2025+21.1%+10.1%-9.3%
Q4 2024+25.4%+23.0%+8.8%
Q3 2024-0.9%+0.6%-1.6%
Q2 2024-15.5%-20.6%-23.5%
Q1 2024-14.4%-11.0%-45.7%
Q4 2023+22.7%+26.8%+14.5%
Q3 2023-18.0%-20.7%-34.6%
Q2 2023+27.4%+61.6%+100.0%
Q1 2023+20.0%+9.9%+36.0%
Q4 2022+42.0%+37.5%+108.5%
Q3 2022-5.8%-6.8%-27.1%
Q2 2022-20.9%-25.5%-40.4%
Q1 2022+32.9%+21.3%+69.6%
Q4 2021+20.1%+106.4%+100.4%
Q3 2021-3.2%-7.7%-7.3%
Q2 2021-14.6%-14.6%+3.2%
Q1 2021+6.3%-2.8%-9.0%
Q4 2020+2.0%+2.4%+0.5%
Q3 2020-18.2%-16.4%+5.7%
Q2 2020-5.0%-7.5%+0.0%
Q1 2020-1.8%+3.6%-1.2%
Q4 2019-5.4%-10.7%-20.8%
Q3 2019+17.5%+15.6%+7.1%
Q2 2019-4.7%-18.8%-12.8%
Q1 2019-8.3%-11.2%-19.0%
Q4 2018+1.1%-4.5%-10.1%
Q3 2018+6.2%+2.2%+4.5%
Q2 2018+13.3%+4.6%-11.6%
Q1 2018+29.0%+18.9%+11.7%
Q4 2017+7.9%+6.6%-23.0%
Q3 2017-8.0%-15.3%-12.6%
Q2 2017+0.9%+2.2%-0.9%
Q1 2017+7.0%+0.0%+10.0%
Q4 2016+8.3%+3.6%+16.1%
Q3 2016+7.1%
Q2 2016-17.6%
Q1 2016+9.3%
Q4 2015+1.4%
Q3 2015-7.0%
Q2 2015-4.7%
Q1 2015-3.5%
Q4 2014+9.0%
Q3 2014-4.8%
Q2 2014+2.8%
Q1 2014+15.9%
Q4 2013-4.0%
Q3 2013-1.8%
Q2 2013-6.7%
Q1 2013-4.5%
Q4 2012+0.0%
Q3 2012+0.8%
Q3 2011+0.8%
Q2 2012+5.3%
Q2 2011+5.3%
Q1 2012+2.5%
Q1 2011+2.5%
Q4 2010+2.5%
Q3 2010+4.2%

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