Recap: Aehr Test Systems Q2 Earnings

Aehr Test Systems (NASDAQ:AEHR) reported its Q2 earnings results on Tuesday, January 9, 2024 at 04:05 PM. Here’s…

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.

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