Aehr Test Systems (NASDAQ:AEHR) reported its Q2 earnings results on Tuesday, January 9, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Aehr Test Systems beat estimated earnings by 21.05%, reporting an EPS of $0.23 versus an estimate of $0.19.
Revenue was up $6.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 12.6% drop in the share price the next day.
Here’s a look at Aehr Test Systems’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.21 | 0.14 | 0.08 |
| EPS Actual | 0.18 | 0.23 | 0.16 | 0.16 |
| Revenue Estimate | 19.23M | 22.01M | 16.04M | 12.78M |
| Revenue Actual | 20.62M | 22.27M | 17.21M | 14.81M |
To track all earnings releases for Aehr Test Systems visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.