Aehr Test Systems (NASDAQ:AEHR) Issues Quarterly Earnings Results

Aehr Test Systems (NASDAQ:AEHR) announced its quarterly earnings data on Monday. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02), Zacks reports. Aehr Test Systems had a net margin of 49.63% and a return on equity of 29.31%.

Aehr Test Systems Stock Performance

Shares of NASDAQ AEHR traded down $0.40 during midday trading on Monday, reaching $15.99. 2,637,400 shares of the stock were exchanged, compared to its average volume of 1,427,091. The company has a 50 day simple moving average of $13.41 and a 200 day simple moving average of $14.00. The stock has a market capitalization of $473.80 million, a P/E ratio of 16.32 and a beta of 1.86. Aehr Test Systems has a twelve month low of $9.83 and a twelve month high of $21.44.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a report on Saturday, October 5th.

Aehr Test Systems Company Profile

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.