Aehr Test Systems Sees FY24 Revenue To Be Atleast $100M Representing 50% YoY Growth And GAAP Net Income Of At Least $28M, Representing 90% YoY Growth
Portfolio Pulse from Benzinga Newsdesk
Aehr Test Systems has projected its FY24 revenue to be at least $100 million, indicating a YoY growth of over 50%. The company also expects its GAAP net income to be at least $28 million, representing a YoY growth of more than 90%.
July 13, 2023 | 8:08 pm
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Aehr Test Systems expects significant YoY growth in FY24 with revenues and GAAP net income increasing by over 50% and 90% respectively.
The company's strong financial projections for FY24, including significant increases in both revenue and GAAP net income, suggest a positive outlook for the company's performance. This could potentially lead to an increase in the company's stock price in the short term.
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