Aehr Test Systems (NASDAQ: AEHR) is up 3.11% in the pre-market trading session at the price of $6.30 despite any recent update.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Received $10.8 Million Order and Burn-in of Silicon Carbide Power Semiconductors:
AEHR announced Jul. 19 that a silicon carbide test and burn-in company had placed a $10.8 million purchase order to buy multiple FOX-XP systems and full sets of WaterPak Contactors. This customer is among the Fortune 500’s largest semiconductor appliance suppliers that also has a significant customer base in the automotive semiconductor market. WaferPaks and FOX systems are scheduled to ship within six months.
Fiscal Fourth Quarter& Full-Year 2021 Financial Results:
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
On 16th July 2021, AEHR released financial results for its fiscal 2021 fourth quarter and full-year ended 31st May 2021.
Net income for the fourth quarter was $567,000 or $0.02 per diluted share. Net loss of $2.9 million or $0.13 per diluted share was reported in the fourth quarter of 2020.Net loss for the full fiscal year was $2.0 million or $0.09 per diluted share. Net loss of $2.8 million or $0.12 per diluted share was reported in the fiscal year 2020.
CEO Gayn Erickson commented that they are motivated by the potential increase in customer demand during the quarter. It is a positive U-turn from customer output ramp delays and pushouts that they encountered due to COVID-19 this year. They are off to a great start for fiscal 2022 with $5.4 million in bookings and a substantial backlog of $7 million quarter to date, he added.
Received $2.9 Million Order and Burn-in of Silicon Carbide Power Semiconductors:
On 8th July 2021, AEHR acquired a $2.9 million follow-on order for the FOX-XP system and Multiple WaferPak Contactors for production test and Burn-In of Silicon Carbide devices. Earlier on 29th June 2021, Aehr received $1.4 million in orders for Full-Wafer WaferPak Contactors and Burn-in of Silicon Carbide devices.