Aehr Test Systems Inc. experienced a significant stock price increase on Tuesday, with shares climbing 27.86 percent to close at $98.91 per share. The rally came after the stock had declined to the $75 level the previous trading day, prompting investor interest in potential bargains. Broader enthusiasm surrounding artificial intelligence industry expansion also contributed to the positive sentiment affecting the semiconductor testing company.
The company provided notably optimistic forward-looking guidance for fiscal year 2027, projecting revenues between $130 million and $150 million, representing growth of 160 to 200 percent from the $50 million in revenue posted in fiscal year 2026. Management cited a $100 million effective backlog supporting the expansion outlook. This outlook proved significant enough to overshadow the company’s financial results from the recently completed fiscal year 2026.
For fiscal year 2026, Aehr Test reported a full-year net loss of $7.1 million, an 82 percent increase compared to the $3.9 million loss in fiscal year 2025. Annual revenues declined 15 percent to $50 million from $59 million year-over-year. However, the fourth quarter showed marked improvement, with the company achieving a net income of $1.4 million compared to a $2.9 million net loss in the same quarter of the previous year. Fourth-quarter revenues reached $18.8 million, up 33 percent from $14.1 million.
The company recorded record quarterly bookings of $60.7 million, while total backlogs reached $80.6 million. CEO Gayn Erickson stated the results exceeded expectations and reflected significant bookings and revenue diversification. He highlighted demand across artificial intelligence processors, silicon photonics, and power semiconductors for the company’s testing solutions. Institutional investor interest appeared to strengthen, with hedge fund positions increasing to 25 funds holding approximately $60.9 million in stakes as of the first quarter, compared to 17 funds with $31.47 million in the prior quarter.
Article Attribution | Read More at Article Source
Article summary produced by Claude AI