Aehr Test Systems provided earnings guidance for the fiscal year ending May 31, 2023. For the year, the company expected total revenue to be at least $60 million to $70 million, with strong profit margins similar to last fiscal year. Aehr also expects bookings to grow faster than revenues in fiscal 2023 as the ramp in demand for silicon carbide in electric vehicles increases exponentially throughout the decade.
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|
5-day change | 1st Jan Change | ||
10.59 USD | +2.22% | -8.31% | -60.08% |
Apr. 10 | Sector Update: Tech Stocks Decline Premarket Wednesday | MT |
Apr. 10 | Aehr Swings to Fiscal Q3 Non-GAAP Loss, Revenue Drops; Shares Decline Premarket | MT |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-60.08% | 306M | |
+10.83% | 114B | |
+28.69% | 97.06B | |
+7.04% | 19.08B | |
+3.52% | 18.7B | |
+35.33% | 9.82B | |
+11.69% | 8.4B | |
-12.95% | 7.13B | |
-29.73% | 5.59B | |
+28.39% | 5.04B |
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- Aehr Test Systems Provides Earnings Guidance for the Fiscal Year Ending May 31, 2023