AEHR · Aehr Test Systems reported record Q1 FY2027 revenue of $33.0M, up 200%…

Aehr Test Systems reported record Q1 FY2027 revenue of $33.0M, up 200% YoY from $11.0M, and GAAP net income of $7.2M ($0.21/diluted share) vs a GAAP net loss of $(2.1M) a year ago. The company raised its full-year FY2027 revenue outlook to $150M (from a prior range of $130M-$150M) and expects non-GAAP net income of at least 20% of revenue. Bookings were $46.7M with a 1.4x book-to-bill ratio and effective backlog reached $109.3M.

• Record Q1 FY2027 revenue of $33.0M, up 200% YoY from $11.0M and up 75% sequentially from $18.8M
• GAAP net income of $7.2M ($0.21/diluted) vs GAAP net loss of $(2.1M) ($(0.07)/diluted) in Q1 FY2026
• Non-GAAP net income of $9.4M ($0.28/diluted) vs $0.2M ($0.01/diluted) in Q1 FY2026
• GAAP gross margin 47.5%, non-GAAP gross margin 48.5%