5/4/2023 0 Comments Burnin key carsLast week, we announced a follow-on order from this customer for production quantities of our WaferPak full wafer Contactors that will be used with these systems. These systems will be upgraded to include our new fully integrated and automated WaferPak™ Aligner that we are beginning shipments of this quarter. During the quarter, our second major silicon carbide semiconductor customer moved from an initial FOX-NP™ dual wafer system for engineering and qualification to purchasing their first production FOX-XP™ multi-wafer test and burn-in systems including our new high voltage option with high voltage arc suppression technology. "Our momentum in silicon carbide wafer level burn-in continues to grow. Total bookings for the fiscal year to date including over $9 million in bookings received in March is $72.5 million. Our effective backlog which includes all orders received since the end of the third quarter is $41 million. We finished the quarter with record bookings for a single quarter of $33.3 million and a strong backlog of $31.6 million. ![]() "Aehr had another great quarter, with revenue and net income ahead of consensus estimates. Gayn Erickson, President and CEO of Aehr Test Systems, commented: Non-GAAP net income was $10.5 million, or $0.36 per diluted share, which excludes the impact of stock-based compensation, compared to non-GAAP net income of $4.1 million, or $0.15 per diluted share, in the first nine months of fiscal 2022, which excludes the impact of stock-based compensation, and forgiveness of the Paycheck Protection Program loan.Īn explanation of the use of non-GAAP financial measures and a reconciliation of Aehr's non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the accompanying tables.GAAP net income was $8.4 million, or $0.29 per diluted share, compared to GAAP net income of $3.7 million, or $0.13 per diluted share, in the first nine months of fiscal 2022, which includes the impact of a $1.7 million gain from the forgiveness of the Paycheck Protection Program loan and a $1.0 million excess and obsolete inventory adjustment related to legacy products. ![]() Net sales were $42.7 million, up 40% from $30.5 million in the first nine months of fiscal 2022. ![]() Effective backlog which includes all orders received since the end of the third quarter is $41 million.įiscal First Nine Months Financial Results: Backlog as of February 28, 2023, was $31.6 million.Bookings were $33.3 million, the highest quarterly bookings in the Company's history. ![]()
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