Watch List: Aehr Test Systems (NASDAQ: AEHR)

On Friday, Shares of Aehr Test Systems (NASDAQ: AEHR) gained 0.49% to $2.01. The stock opened its trade at $2.00 and after floating in a price range of $2.00 to $2.02; the stock grabbed the investor’s attention and traded 9,354 shares as compared to its average daily volume of 57.35K shares. The stock’s institutional ownership stands at 22.30%.

Aehr Test Systems (AEHR), a worldwide supplier of semiconductor test and burn-in equipment, recently declared financial results for its first quarter of fiscal 2019 ended August 31, 2018.

Fiscal First Quarter Financial Results:

  • Net sales were $4.70M, contrast to $7.00M in the first quarter of fiscal 2018.
  • GAAP net loss was $1.50M, or $0.07 per diluted share, contrast to GAAP net income of $10.0K, or $0.00 per diluted share, in the first quarter of fiscal 2018.
  • Non-GAAP net loss, which excludes the impact of stock-based compensation expense, was $1.30M, or $0.06 per diluted share, contrast to non-GAAP net income of $226.0K, or $0.01 per diluted share, in the first quarter of fiscal 2018.
  • Backlog as of August 31, 2018 was $6.10M.

AEHR has a market value of $44.48M while its EPS was booked as $-0.05 in the last 12 months. The stock has 22.24M shares outstanding. In the profitability analysis, the company has gross profit margin of 40.30% while net profit margin was -3.60%. Beta value of the company was 0.57; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.00.

Bobbie Collins

Bobbie Collins gives us an insight into the most recent news hitting the Technology Sector in Wall Street. He has been an independent financial adviser for over 10 years in the city and in recent years turned his experience in finance and passion for journalism into a full time role. He performs analysis of Companies and publicizes valuable information for shareholder community. Collins is an accomplished journalist who has a passion for travel. His desire to see the world has taken him to countries around the world and given him the opportunity to report for some of the top news organizations.