Aehr Test Systems (AEHR) research, news, and more from GeoInvesting

Company description

Wed, 05 Mar 2008 05:00:00 GMT

Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic and memory integrated circuits and has an installed base of more than 2,500 systems worldwide. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets are driving additional test requirements, capacity needs and opportunities for Aehr Test products in package and wafer level test. Aehr Test has developed and introduced several innovative products, including the ABTS and FOX^TM families of test and burn-in systems and the DiePak^(R) carrier. The ABTS system is used in production and qualification testing of packaged parts for both lower-power and higher-power logic as well as all common types of memory devices. The FOX system is a full wafer contact test and burn-in system used for burn-in and functional test of complex devices, such as leading-edge memories, digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform cost-effective final test and burn-in of bare die.

Contract Awards

Tue, 21 Feb 2017 19:23:08 GMT

AEHR ($4.11) announced it has received an order in excess of $4 million from a subcontractor for FOX-XP Test and Burn-in System. The order is expected to ship during the next calendar quarter. We view this as significant contract for the company as it is nearly a full quarter's worth of revenues.

Comments & Business Outlook

Fri, 10 Jan 2014 05:00:00 GMT

Second Quarter Fiscal 2014 Results

Net sales rose 31.9 % to $5.0 million in the second quarter of fiscal 2014, compared with $3.8 million in the first quarter of fiscal 2014, but decreased slightly from $5.05 million in the prior year period.
AEHR reported non-GAAP EPS for the second quarter 2014 of $0.03 compared to a non-GAAP loss per share of $0.08 in the prior year period.

Commenting on the results of the second quarter of fiscal 2014, Gayn Erickson, President and CEO of Aehr Test Systems, said, "We are pleased to have once again reported a sequential growth in revenues and our bottom line. Most importantly, we have returned the company to profitability in the quarter.

"We continue to see the automotive market drive production burn-in capacity," added Erickson. "We shipped the first of several systems on order for our new ABTS-P™ production test and burn-in system, which has approximately 70% more capacity than our previous generation systems used in automotive integrated circuit production. In addition, we received follow-on orders for our FOX-15™ wafer level test and burn-in system and WaferPak contactors for production burn-in of automotive ICs in wafer form. The automotive space continues to be strong for Aehr Test and we see new opportunities in both packaged part and wafer level test moving forward."

Erickson concluded, "We are happy to have achieved our return to profitability, and we continue to expect to be profitable for fiscal year 2014. We remain optimistic about the prospects for both our ABTS packaged part and FOX wafer level test systems, and we are excited about the planned roll out of our new products over the next several quarters."