Aehr Test Systems Stock Pops After Q1 Results: Here's Why

Aehr Test Systems Inc. (NASDAQ:AEHR) posted its first-quarter fiscal 2027 results after Monday’s closing bell, blowing past analysts’ revenue and earnings estimates.

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Aehr Test Systems Q1 Details       

Aehr Test Systems reported quarterly earnings of 28 cents per share, which beat the analyst consensus estimate of 11 cents by 154.55%, per Benzinga Pro data. 

Quarterly revenue clocked in at $33.01 million, which easily beat the Street estimate of $27.07 million and was up from $10.97 million in the same period last year.

Aehr reported the following quarterly highlights:

• Record revenue was $33 million, up 200% from $11 million in the first quarter of fiscal 2026 and 75% sequentially.
• Non-GAAP net income increased approximately 163% sequentially.
• Bookings were $46.7 million, representing a book-to-bill ratio of approximately 1.4.
• Backlog was $100.9 million as of Sept.25, 2026. Effective backlog, including bookings received after quarter end, was $109.3 million as of Nov. 1, 2026.
• Cash, cash equivalents and restricted cash totaled $105.1 million as of Sept. 25, 2026, compared to $116.5 million as of May 29, 2026.

“Our fiscal first quarter results demonstrate the accelerating demand for our AI semiconductor test and burn-in solutions and our ability to execute against expanding customer production requirements,” said CEO Gayn Erickson.

“Revenue increased 200% year-over-year and 75% sequentially to a record $33 million, while bookings of $46.7 million exceeded revenue by over 40%, reflecting continued strong demand for our wafer-level and package-level burn-in solutions,” Erickson added.

AEHR Stock Price: According to data from Benzinga Pro, Aehr stock was up 14.67% to $59.02 in Monday’s extended trading.  

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