Aehr Test Systems reported adjusted earnings of $0.11 per share, topping estimates, with revenue up 33% year-over-year to $18.8 million.
Aehr Test Systems (NASDAQ:AEHR) shares surged 30% after reporting fiscal fourth-quarter adjusted earnings of $0.11 per diluted share, exceeding analyst expectations of a $0.01 loss. Revenue rose to $18.8 million, up from $14.1 million a year earlier and above the $17.9 million consensus estimate.
The company posted GAAP net income of $1.4 million, or $0.04 per share, compared with a $2.9 million loss in the same period last year. Non-GAAP net income reached $3.6 million, or $0.11 per share, reversing a $0.2 million loss in the prior-year quarter. Bookings hit a record $60.7 million, lifting backlog to $80.6 million, with post-quarter bookings pushing it to $100.6 million.
For fiscal 2026, revenue totaled $50 million, down from $59 million in fiscal 2025, while the company reported a GAAP net loss of $7.1 million, or $0.23 per share, compared with a $3.9 million loss the prior year.