OverviewSuggest Edit

Aehr Test Systems is a company that provides test systems for burning-in and testing logic, optical, and memory integrated circuits. It offers the ABTS system used in production and qualification testing of packaged parts for lower power and higher power logic devices. The company develops the FOX-P, a wafer contact and die/module test and burn-in system used for burn-in and functional test of complex devices. Aehr Test Systems also provides FOX WaferPak Aligner, FOX WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader.

TypePublic
Founded1977
HQFremont, US
Websiteaehr.com
Culture scoreA+

Latest Updates

Employees (est.) (May 2019)79(-8%)
Revenue (FY, 2019)$21.1 M(-28%)
Share Price (May 2020)$1.6 (+4%)

Key People/Management at Aehr Test Systems

Gayn Erickson

Gayn Erickson

President and Chief Executive Officer
Ken Spink

Ken Spink

VP of Finance and CFO
Dave Hendrickson

Dave Hendrickson

Chief Technology Officer
Vernon Rogers

Vernon Rogers

Executive Vice President Sales and Marketing
Dave Fucci

Dave Fucci

VP of Operations
Don Richmond

Don Richmond

VP of Engineering
Show more

Aehr Test Systems Office Locations

Aehr Test Systems has offices in Fremont, Shanghai, Utting am Ammersee, Hachioji and in 1 other location
Fremont, US (HQ)
400 Kato Terrace
Shanghai, CN
Zhongshan Park, Changning District
Utting am Ammersee, DE
9 Industriestraße
Hachioji, JP
Hashikan Bldg.,1-14 Azuma-Cho
Hsinchu, TW
No. 73, Jiaqin North Road, Zhubei City
Show all (5)

Aehr Test Systems Financials and Metrics

Aehr Test Systems Revenue

Embed Graph
View revenue for all periods
Aehr Test Systems's revenue was reported to be $21.06 m in FY, 2019 which is a 28.8% decrease from the previous period.
USD

Revenue (Q3, 2020)

6.1m

Gross profit (Q3, 2020)

3.0m

Gross profit margin (Q3, 2020), %

48.9%

Net income (Q3, 2020)

245.0k

EBIT (Q3, 2020)

255.0k

Market capitalization (22-May-2020)

37.7m

Closing stock price (22-May-2020)

1.6

Cash (29-Feb-2020)

5.1m

EV

35.1m
Aehr Test Systems's current market capitalization is $37.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.5m18.9m29.6m21.1m

Revenue growth, %

45%30%56%(29%)

Cost of goods sold

9.4m12.1m17.2m13.5m

Gross profit

5.1m6.8m12.4m7.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

5.3m4.2m2.7m7.0m7.9m7.4m4.7m5.9m3.2m5.5m6.9m6.1m

Cost of goods sold

3.1m2.8m2.2m4.1m4.8m4.2m3.2m3.5m2.9m3.3m3.7m3.1m

Gross profit

2.2m1.5m503.0k2.9m3.1m3.2m1.6m2.4m272.0k2.3m3.2m3.0m

Gross profit Margin, %

41%35%19%42%40%43%33%41%9%41%47%49%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

939.0k17.8m16.8m5.4m

Accounts Receivable

522.0k4.0m2.9m4.9m

Prepaid Expenses

254.0k961.0k703.0k686.0k

Inventories

7.0m6.6m9.0m9.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.3m5.2m2.0m14.0m10.0m9.1m15.9m14.0m12.3m5.3m5.3m5.1m

Accounts Receivable

1.8m1.4m1.6m5.3m3.5m4.7m2.3m3.9m1.9m3.3m5.2m3.5m

Prepaid Expenses

305.0k390.0k354.0k2.1m2.1m1.3m727.0k688.0k787.0k523.0k534.0k586.0k

Inventories

6.0m6.1m7.2m9.0m8.2m9.4m9.6m10.0m9.2m9.2m9.8m9.3m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(6.8m)(5.7m)528.0k(5.2m)

Depreciation and Amortization

203.0k271.0k417.0k431.0k

Inventories

70.0k430.0k2.1m(112.0k)

Accounts Payable

564.0k1.7m(1.1m)210.0k
USDY, 2020

EV/EBIT

137.7 x

EV/CFO

-54.8 x

Financial Leverage

1.3 x
Show all financial metrics

Aehr Test Systems Operating Metrics

Aehr Test Systems's Backlog was reported to be $7.5m in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$5.30 m$12.70 m$8.40 m$7.50 m

Patents (US)

53

Product Lines

3 3 3 3

Systems Installed to Date

2.50 k2.50 k2.50 k2.50 k
Show all operating metrics

Aehr Test Systems Acquisitions / Subsidiaries

Company NameDateDeal Size
Aehr Test Systems GmbH
Aehr Test Systems Japan K.K.

Aehr Test Systems Revenue Breakdown

Embed Graph

Aehr Test Systems revenue breakdown by business segment: 25.3% from Services, 45.4% from Systems and 29.2% from Contactors

Aehr Test Systems revenue breakdown by geographic segment: 9.2% from Europe, 64.0% from United States and 26.8% from Asia

Aehr Test Systems Online and Social Media Presence

Embed Graph

Aehr Test Systems Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    95/100

Learn more on Comparably

Aehr Test Systems News and Updates

Aehr Test Systems Reports 93% Revenue Growth Year over Year in Third Quarter

Withdraws Previously Provided Fiscal 2020 Financial Guidance Due to COVID-19 Uncertainty Withdraws Previously Provided Fiscal 2020 Financial Guidance Due to COVID-19 Uncertainty

Aehr Test Systems to Announce Third Quarter Fiscal 2020 Financial Results on April 2, 2020

FREMONT, Calif., March 25, 2020 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will report financial results for its third quarter of fiscal 2020 ended February 29, 2020 on Thursday, …

Aehr Test Systems Reports 24% Sequential Revenue Growth in Second Quarter and Reiterates Guidance for Significant Growth for Fiscal 2020

FREMONT, Calif., Jan. 09, 2020 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its second quarter of fiscal 2020 ended November 30, 2019.

Aehr Test Systems to Participate in 8th Annual NYC Investor Summit

FREMONT, Calif., Dec. 11, 2019 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that Gayn Erickson, President and CEO, is scheduled to participate in the 8th Annual NYC Investor Summit 2019, ta…

Aehr Test Systems to Participate in the Craig-Hallum Alpha Select Conference in New York on November 12, 2019

FREMONT, Calif., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has been invited to participate in the 10th Annual Craig-Hallum Alpha Select Conference being held on November…

Aehr Test Systems Reports First Quarter Fiscal 2020 Financial Results and Reiterates Financial Guidance for Significant Growth in Fiscal 2020

FREMONT, Calif., Oct. 03, 2019 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its first quarter of fiscal 2020 ended August 31, 2019.
Show more

Aehr Test Systems Blogs

Aehr Test Systems Reports 24% Sequential Revenue...

Fremont, CA (January 9, 2020) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its second quarter of fiscal 2020 ended November 30, 2019. Fiscal Second Quarter Financial Results: Net sa…

Aehr Test Systems to Announce Second Quarter Fiscal 2020 Financial Results on January 9, 2020

Fremont, CA (January 2, 2020) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will report financial results for its second quarter of fiscal 2020 ended November 30, 2019 on Thursday, January 9, 2020 follo…

Aehr Test Systems to Participate in 8th Annual...

Fremont, CA (December 11, 2019) - Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that Gayn Erickson, President and CEO, is scheduled to participate in the 8th Annual NYC Investor Summit 2019, taking place December…

Aehr Test Systems to Exhibit at the 50ᵗʰ International Test Conference in Washington, D.C. Nov 12 – 14

Fremont, CA (November 12, 2019) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it will be showcasing its FOX-P™ platform for multi-wafer test and burn-in systems for high volume production and early failure…

Aehr Receives Follow-on Orders of Over $6 Million...

Fremont, CA (November 11, 2019) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has received follow-on orders of over $6 million from one of its lead FOX-XP Test and Burn-in System customers for a FOX-XP multi…

Aehr Test Systems to Participate in the...

Fremont, CA (November 5, 2019) - Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced it has been invited to participate in the 10th Annual Craig-Hallum Alpha Select Conference being held on November 12, 2019 at the She…
Show more

Aehr Test Systems Frequently Asked Questions

  • When was Aehr Test Systems founded?

    Aehr Test Systems was founded in 1977.

  • Who are Aehr Test Systems key executives?

    Aehr Test Systems's key executives are Gayn Erickson, Ken Spink and Dave Hendrickson.

  • How many employees does Aehr Test Systems have?

    Aehr Test Systems has 79 employees.

  • What is Aehr Test Systems revenue?

    Latest Aehr Test Systems annual revenue is $21.1 m.

  • What is Aehr Test Systems revenue per employee?

    Latest Aehr Test Systems revenue per employee is $266.5 k.

  • Who are Aehr Test Systems competitors?

    Competitors of Aehr Test Systems include FormFactor, Advantest and Tokyo Electron.

  • Where is Aehr Test Systems headquarters?

    Aehr Test Systems headquarters is located at 400 Kato Terrace, Fremont.

  • Where are Aehr Test Systems offices?

    Aehr Test Systems has offices in Fremont, Shanghai, Utting am Ammersee, Hachioji and in 1 other location.

  • How many offices does Aehr Test Systems have?

    Aehr Test Systems has 5 offices.