Aehr Test Systems Q2 Adj $0.23 Beats $0.19 Estimate, Sales $21.40M Beat $20.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aehr Test Systems (NASDAQ:AEHR) reported Q2 adjusted earnings of $0.23 per share, surpassing the $0.19 estimate, and sales of $21.40M, exceeding the $20.89M estimate. This reflects a 43.75% increase in earnings and a 44.45% increase in sales compared to the same period last year.
January 09, 2024 | 9:07 pm
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Aehr Test Systems reported strong Q2 results, with earnings and sales surpassing estimates and showing significant year-over-year growth.
Aehr Test Systems' reported earnings and sales not only beat analyst estimates but also showed substantial growth compared to the previous year. This positive financial performance is likely to instill investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100