Aehr Test Systems (NASDAQ:AEHR) Releases Earnings Results
Aehr Test Systems (NASDAQ:AEHR) released its quarterly earnings data on Wednesday. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01, Morningstar.com reports. Aehr Test Systems had a negative net margin of 57.41% and a negative return on equity of 909.66%.
Aehr Test Systems (NASDAQ AEHR) opened at 3.81 on Thursday. The stock’s market cap is $63.95 million. Aehr Test Systems has a 12 month low of $1.58 and a 12 month high of $6.10. The company’s 50 day moving average is $3.92 and its 200 day moving average is $3.98.
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A number of equities analysts have issued reports on AEHR shares. Zacks Investment Research cut shares of Aehr Test Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, April 25th. ValuEngine upgraded shares of Aehr Test Systems from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.
About Aehr Test Systems
Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The Company manufactures and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories.
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