The semiconductor equipment company's fourth-quarter sales and earnings exceeded expectations.As a test and quality control equipment manufacturer for the semiconductor industry, Aehr Test Systems (AEHR -1.82%) and its investors know all about the industry's cyclicality. Customers cut chip orders dramatically in bad times, only to hike them aggressively in good times. That's reflected in the stock price volatility, which implies risk; this week, the risk was on the upside.Why Aehr Test Systems stock outperf ...

Aehr Test Systems provided preliminary financial results better than expected thanks to potential new markets.In today's video, I discuss recent updates impacting Aehr Test Systems (AEHR 24.01%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of July 10, 2024. The video was published on July 10, 2024. ...

The company said its fiscal fourth quarter will come in better than expected.Aehr Test Systems (AEHR 26.50%) has had a difficult 2024 but is feeling positive about the coming quarters. Shares of Aehr traded up 30% as of 10 a.m. ET after the company said it expects fiscal 2024 revenue and net income to exceed previous guidance.Good news after a bad quarterAehr makes semiconductor testing equipment for several industries and applications. Its tools are a must-have for makers of chips destined for high-stress ...

Semiconductors are the tiny silicon-based devices that power everything from our laptops and phones to our cars. Putting money in semiconductor stocks have been a good investment decision over the past 12 months, especially if some of that capital went to hold Nvidia (NASDAQ:NVDA).The craze around artificial intelligence and machine learning boosted the shares of public semiconductor companies enabling growth in these novel fields. Similarly, semiconductor firms making cloud computing possible — and even qu ...

Nanotechnology, the science of manipulating matter at the atomic and molecular scale, is set to revolutionize numerous industries. Larger, more established firms often overshadow many promising undiscovered nanotech stocks. This presents a unique opportunity for savvy investors to explore high-growth prospects.The global nanotechnology market is projected to grow significantly, with estimates suggesting it could reach $332.73 billion by 2032. The technology’s diverse applications in the healthcare, electron ...

This tech company is down and out today, but its products could see massive adoption in the future.With the stock of many leading technology companies rocketing to all-time highs recently, are there any values left in the sector?One part of the tech sector in a big downturn right now is chip companies that enable electrification. That's because the growth of electric vehicles (EVs) slowed down in a big way last year.However, not only is the following supplier of semiconductor testing equipment a way to play ...

资产情况 - 美国长期资产净额从2023年5月31日的2,759,000美元增加到2024年2月29日的3,150,000美元[59] 收入情况 - 2023年5月31日至2024年2月29日，Aehr Test Systems的总收入从17,206,000美元下降至7,563,000美元[68] - 2024年2月29日，Aehr Test Systems的产品销售额为6,730,000美元，同比下降58%[68] - 2024年2月29日，Aehr Test Systems的服务销售额为833,000美元，同比下降23%[68] - 2024年2月29日，Aehr Test Systems的亚洲市场收入为5,167,000美元，同比下降65%[71] - 2024年2月29日，Aehr Test Systems的美国市场收入为1,640,000美元，同比下降30%[71] 毛利情况 - 2024年2月29日，Aehr Test Systems的产品毛利为2,782,000美元，同比下降67%[73] - 2024年2月29日，Aehr Test Systems的服务毛利为374,000美元，同比下降23%[73] 支出情况 - 2024年2月29日，Aehr Test Systems的研发支出为2,139,000美元，同比增长17%[76] 其他财务情况 - 利息和其他收入（费用），净额在2024年2月29日的三个月内达到了582,000美元，同比增长63%[80] - 所得税准备金在2024年2月29日的三个月内为7,000美元，同比下降了59%[82] - 现金、现金等价物和受限现金在2024年2月29日达到了47.7百万美元，相比于2023年2月28日的17.3百万美元有显著增长[83]

Investors in Aehr Test Systems (AEHR) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $7.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...

财务数据和关键指标变化 - 第三季度总收入为7.6百万美元,同比下降56%,主要是由于一些重要客户订单的时间推迟 [46] - 晶圆包装收入占总收入的63%,高于上年同期的37%,反映了客户在更换芯片设计时持续购买晶圆包装 [47] - 毛利率为41.7%,同比下降,主要由于收入下降导致制造费用率上升和制造效率下降 [48] - 研发费用有所增加,主要用于提升自动化晶圆包装对准器的功能和性能 [48] - 非GAAP净亏损为90万美元,上年同期为净利4.7百万美元 [49] 各条业务线数据和关键指标变化 - 硅碳化物电力半导体业务:受到整体半导体资本支出疲软和电动车市场放缓的影响,导致订单和收入推迟 [10][11] - 氮化镓功率半导体业务:继续保持良好势头,已获得首个FOX系统订单,并有第二个潜在客户在评估 [29][30][31] - 硅光子学业务:已向主要客户交付首个高功率配置的FOX-XP系统,用于下一代光电集成电路的批量生产级烧机和稳定化 [33][34][35] - 存储器业务:正在与多家存储器供应商进行持续讨论,看好其作为重要市场机会 [37] 各个市场数据和关键指标变化 - 整体半导体市场预计将从2022年的6000亿美元增长到2030年的1万亿美元,驱动因素包括人工智能、绿色能源和物联网数字化转型 [15] - 电动车市场在中国和韩国等亚洲地区需求强劲,供应商正大力推广碳化硅功率转换作为差异化特征 [23][24][25][26][27] - 亚洲电动车供应商正在向模块化碳化硅方案转型,对晶圆级烧机质量要求很高 [25][26] - 预计未来2-3年内,电动车销量增加和碳化硅需求大幅上升将为公司带来良机 [26][27] 公司战略和发展方向及行业竞争 - 公司正在积极拓展除电动车以外的其他碳化硅应用市场,如工业、太阳能、电气化基础设施等 [17][18][19] - 公司正在加强在中国的本地化支持和资源投入,以满足当地客户的需求 [28] - 公司正在加强知识产权保护,采取措施确保自身的专有技术和市场地位 [28] - 公司看好氮化镓和硅光子学市场的长期增长潜力,正在积极开拓这些新兴应用领域 [29][33][34][35][36] - 公司正在与主要存储器供应商合作,推动将烧机测试从模块级向晶圆级转移 [37][38][39] 管理层对经营环境和未来前景的评论 - 公司认为短期内半导体资本支出和电动车市场仍将疲软,但长期看好这些市场的增长机会 [10][11][12] - 管理层对公司在硅碳化物、氮化镓、硅光子学和存储器等新兴应用领域的发展前景保持乐观 [13][14][29][33][37] - 管理层认为公司的专有技术和解决方案能够满足客户的需求,在与竞争对手的评估中保持优势 [20][31] - 管理层对公司在中国市场的发展前景充满信心,正在采取措施加强当地支持和资源投入 [28] 问答环节重要的提问和回答 问题1 **Christian Schwab 提问** 对于明年度的碳化硅电动车业务,公司是否预计会从历史最大客户那里获得重大收入? [57] **Gayn Erickson 回答** 公司目前预计明年将从所有碳化硅客户那里获得重大收入,包括历史最大客户。但具体时间可能会有所推迟,需要密切关注市场变化。[58][59][60][61] 问题2 **Jed Dorsheimer 提问** 公司认为推动向模块化设计转变是否是促使客户采用公司晶圆级烧机解决方案的关键驱动因素? [82][83] **Gayn Erickson 回答** 是的,模块化设计转变是一个关键的催化因素,促使客户重新审视测试策略,并认识到需要更多采用晶圆级烧机测试。[83][84][85] 问题3 **Larry Chlebina 提问** 公司是否应该主动提供评估工具,帮助存储器客户在新fab设计中考虑公司的自动化XP系统,以降低洁净室和设备成本? [95][96] **Gayn Erickson 回答** 公司确实应该主动与存储器客户合作,提供评估工具,帮助他们在新fab设计中考虑公司的解决方案。这样可以确保公司的技术在fab设计初期就得到采纳。[114][115][116]

财务表现 - AEHR在上个季度每股亏损为0.03美元，好于Zacks Consensus Estimate的每股亏损0.04美元[1] - AEHR在过去四个季度中，三次超过了市场预期的每股收益[2] - AEHR在2024年2月结束的季度营收为756万美元，低于Zacks Consensus Estimate，但比去年同期的1721万美元有所下降[3] - AEHR股价自年初以来下跌了56.2%，而标普500指数上涨了9.1%[5] 盈利预期 - AEHR的盈利前景将影响其股价的短期走势，投资者可以关注管理层在财报电话会议上的表态[4] - AEHR的盈利预期为每股0.11美元，营收为1543万美元，当前财年的盈利预期为每股0.47美元，营收为6509万美元[9] 行业前景 - 电子测量仪器行业的前景将对AEHR的股价表现产生重要影响，该行业目前在Zacks行业排名中处于倒数27%[10]