Aehr Test Systems Q1 2025 earnings dip to $13.1M, down from $20.6M, while CEO eyes silicon carbide and gallium nitride markets for growth potential.
Aehr Test Systems reported Q1 2025 earnings of $13.1 million, down from $20.6 million a year prior, with GAAP net income at $0.7 million. Bookings reached $16.8 million, while cash reserves decreased to $40.8 million due to an acquisition. CEO Gayn Erickson highlighted growth potential in silicon carbide and gallium nitride markets, anticipating significant revenue contributions and strong demand for their testing equipment. Shares rose 10.62% post-announcement.
October 10, 2024
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