NASDAQ$AEHR

Aehr Test System · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Aehr reported record annual revenue, exceeding previous guidance and analyst consensus, despite customer pushouts in silicon carbide devices due to slower EV demand in the second half of the fiscal year.

Aehr Test Systems announced its fiscal 2024 fourth quarter and full year financial results, achieving record annual revenue. The company is focusing on opportunities in silicon carbide, AI processor testing, and gallium nitride markets.

  • Received $12.7 million in orders for FOX WaferPak™ full wafer Contactors from a silicon carbide test and burn-in customer.
  • Engaged with new silicon carbide device and module suppliers to meet anticipated capacity in 2025.
  • Secured a commitment from an AI accelerator company to evaluate the FOX solution for production wafer level burn-in of high-power processors.
  • Acquired Incal Technology to expand reliability test and burn-in solutions for AI accelerators and high-performance computing processors.

Headline financials

Total Revenue

$16.6M

Previous: $22.3M-25.5%
EPS (adj)

$0.84

Previous: $0.23+265.2%
Capital Expenditures

-$46K

Previous: $1.18M-103.9%
Net Income

$23.9M

Previous: $6.1M+291.2%
Operating Income

$2.54M

Previous: $5.64M-54.9%
Gross Profit

$8.45M

Previous: $11.5M-26.4%
R&D Expense

$2.15M

No prior period
Stock-Based Comp

$774K

Previous: $653K+18.5%

Revenue & EPS history

Aehr · Revenue · Quarterly

$16.6M

Q4 2024-25.5%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

For the fiscal year ending May 30, 2025, Aehr expects total revenue of at least $70 million and net profit before taxes of at least 10% of revenue.

Tailwinds

  • Expects total revenue of at least $70 million for fiscal year 2025.
  • Anticipates net profit before taxes of at least 10% of revenue for fiscal year 2025.

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 Q4 2024

Historical avgQ4 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

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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