Vmbook Online ordering

Semiconductor Equipment Materials

Aehr Test Systems, founded in 1977, is a public company listed on the Nasdaq stock exchange under the symbol AEHR. The company specializes in the design, manufacturing, and marketing of burn-in test equipment and reliability test systems for the semiconductor industry. Burn-in testing involves subjecting semiconductor devices to high temperatures and stresses to accelerate failures and ensure that only high-quality parts are shipped to customers.

Headquartered in Fremont, California, Aehr Test Systems has a global presence with offices in China, France, Germany, Japan, South Korea, and Taiwan. In addition to burn-in test systems, the company provides test and inspection solutions for other industries such as solar and LED manufacturing.

In terms of financials, Aehr Test Systems' net income has fluctuated in recent years, with negative revenue growth in some quarters. However, their revenue has generally trended upward over the past decade, with improvement in their balance sheet, and income statement, with a 52-week range of 3.02 to 7.84. The company's market capitalization stands at around $170.6 million, with institutional ownership of 24%.

During the third quarter of fiscal year 2022, Aehr Test System'ises revenues increased 71% year over year to a record $8.9 million. Their net loss narrowed to $125,000, or ($0.01) per share, from a net loss of $891,000, or ($0.07) per share, in the same period a year ago.

It's important to note that the semiconductor industry is highly cyclical, and companies involved in the industry, including Aehr Test Systems, are susceptible to fluctuations in the global economy, technological advancements, and intense competition.