Aehr Test Systems Reports Net Income of $4.1 Million and Revenue of $17.2 Million for the Third Quarter of 2023

Aehr Test Systems,(AEHR) a leading provider of sem iconductor testing solutions, has released its unaudited financial statements for the third quarter of 2023. The company achieved significant growth in both net income and revenue, showcasing its strong performance in the semiconductor industry.

During the quarter ended February 28, 2023, Aehr Test Systems reported net sales of $17.2 million, representing a notable increase from $15.3 million in the same period last year. The company's gross profit also experienced substantial growth, reaching $8.9 million, compared to $6.4 million in the previous year.

Financial Statements

Net Income and Earnings per Share