NASDAQ$AEHR
Aehr Test System · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Aehr reported strong revenue and earnings driven by production wafer level burn-in products for silicon carbide semiconductors.
Aehr Test Systems reported a solid first quarter with record shipments of FOXTM WaferPak full wafer Contactors, achieving the strongest first quarter in the company's history and reaffirming its full-year revenue and profit growth expectations.
- Finished the first quarter with solid revenue and non-GAAP net income.
- Had record shipments of FOXTM WaferPak full wafer Contactors in both revenue and units.
- Received customer acceptance of both configurations of our new fully automated FOX WaferPak Aligner.
- Announced sixth customer for silicon carbide wafer level burn-in.
Headline financials
Revenue & EPS history
Aehr · Revenue · Quarterly
$20.6M
Forward guidance
Aehr is reiterating its previously provided guidance for total revenue to be at least $100 million, representing growth of over 50% year over year, and GAAP net income of at least $28 million, representing earnings growth of greater than 90% year over year for the fiscal year ending May 31, 2024.
Tailwinds
- Total revenue to be at least $100 million.
- Revenue growth of over 50% year over year.
- GAAP net income of at least $28 million.
- Earnings growth of greater than 90% year over year.
- Expecting continued positive momentum for silicon carbide in electric vehicles.
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 2024
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro