tldrdaily.news logo
Tag

Aehr Test Systems

All articles tagged with #aehr test systems

finance2 years ago

Aehr Test Systems (NASDAQ:AEHR) Q2 2024 Earnings Call: Non-GAAP EPS Beats, Revenue Exceeds Expectations

Aehr Test Systems reported strong second quarter fiscal 2024 financial results, with revenue of $21.4 million, a 45% year-over-year increase, and non-GAAP net income of $6.7 million. The company experienced increased demand for its wafer level burn-in products but reduced its revenue forecast for fiscal 2024 due to delays in customer orders, particularly in the electric vehicle market. Aehr remains confident about the future demand for its semiconductor test solutions and is actively engaged with customers in the silicon carbide and gallium nitride power semiconductor markets, as well as the silicon photonics market.

via Yahoo Finance|
#aehr-test-systems#earnings-call#finance
business2 years ago

"Aehr Test Systems Surpasses Revenue and Earnings Expectations in Q2 2024"

Aehr Test Systems reported strong revenue and earnings growth for the second quarter and first six months of fiscal 2024, with net revenue up 45% and 65% respectively. The company revised its full-year fiscal 2024 revenue guidance to be between $75 million and $85 million, citing delays in orders from automotive customers and shifts in product mix. Despite the uncertainty, Aehr remains confident in the future demand for its semiconductor test solutions and expects continued strong growth in the years ahead.

via Yahoo Finance|
#aehr-test-systems#business#financial-results
stock-market2 years ago

AutoZone Stock: Lightning Round Buy Signals All-Time High

CNBC's Jim Cramer recommends buying AutoZone, citing the company's strong performance, the high average age of cars on the road, and its robust buyback program. However, Cramer expresses concerns about Snowflake's competition from Databricks and suggests considering Agilent over Aehr Test Systems. He also prefers Eli Lilly over Novo Nordisk. Cramer advises cashing out of Gogo, as it is no longer a favorable stock, and expresses optimism about Dream Finders Homes' continued success.

via CNBC|
#aehr-test-systems#autozone#databricks
finance2 years ago

Stocks Rise on Tech Gains and Positive Economic Reports.

Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to the Federal Reserve's favorite inflation report, the PCE price index. The stock market rally extended Wednesday's strong gains with modest gains. The Nasdaq closed above 12,000 while the big-cap Nasdaq 100 hit a seven-month high. The IRS on Friday could limit U.S. tax credits for the entry-level Tesla Model 3. Aehr Test Systems headlined earnings after the close.

via Investor's Business Daily|
#aehr-test-systems#finance#irs-tax-credits