Aehr Test System Shares Climb On Strong Q2 Results, Forward Guidance, Acquisition, Order Announcements
Portfolio Pulse from Erica Kollmann
Aehr Test Systems (NASDAQ:AEHR) shares surged after the company reported strong Q2 results, forward guidance, and announced an acquisition and new orders. The company beat earnings and sales estimates significantly, reported a strong backlog, and provided a positive revenue outlook for fiscal year 2025.
July 16, 2024 | 8:48 pm
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Aehr Test Systems reported strong Q2 earnings and sales, significantly beating analyst estimates. The company also announced an acquisition and new orders, and provided a positive revenue outlook for fiscal year 2025.
The strong Q2 results, significant earnings and sales beat, acquisition, and new orders are all positive indicators for Aehr Test Systems. The positive revenue outlook for fiscal year 2025 further supports a likely upward movement in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100