Aehr Test Systems (NASDAQ:AEHR) issued its quarterly earnings results on Thursday. The semiconductor company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02), Fidelity Earnings reports. The business had revenue of $5.91 million for the quarter. Aehr Test Systems had a negative return on equity of 5.37% and a negative net margin of 3.65%. Aehr Test Systems updated its FY 2019 guidance to EPS.
Shares of AEHR stock traded down $0.43 during trading hours on Friday, reaching $1.44. 15,310 shares of the company’s stock were exchanged, compared to its average volume of 64,608. The company has a quick ratio of 1.67, a current ratio of 2.53 and a debt-to-equity ratio of 0.01. Aehr Test Systems has a fifty-two week low of $1.30 and a fifty-two week high of $2.96.
A number of brokerages have recently issued reports on AEHR. TheStreet downgraded Aehr Test Systems from a “c” rating to a “d+” rating in a research report on Friday, September 28th. ValuEngine downgraded Aehr Test Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th.
About Aehr Test Systems
Aehr Test Systems primarily designs, engineers, manufactures, and sells test and burn-in equipment for use in the semiconductor industry worldwide. It provides full wafer contact test systems, test during burn-in systems, test fixtures, and related accessories. The company offers Advanced Burn-in and Test System family of packaged part burn-in and test systems, which perform test during burn-in of complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on-a-chip, as well as individual temperature control for high-power advanced logic devices.
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