Aehr Test Systems reported earnings results for the third quarter and nine months ended February 28, 2022. For the third quarter, the company reported sales was USD 15.28 million compared to USD 5.27 million a year ago. Net income was USD 2.24 million compared to net loss of USD 0.735 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
For the nine months, sales was USD 30.54 million compared to USD 8.96 million a year ago. Net income was USD 3.66 million compared to net loss of USD 2.59 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 0.11 a year ago.