Aehr Test Systems posts record Q1 revenue and lifts FY2027 outlook to $150 million
Aehr Test Systems reported fiscal Q1 2027 revenue of $33.0 million, a 200% year‑over‑year increase, and GAAP net income of $7.2 million. Bookings reached $46.7 million, giving a book‑to‑bill ratio of about 1.4, while effective backlog grew to $109.3 million. On the strength of the results, the company raised its full‑year 2027 revenue guidance to $150 million and its shares jumped roughly 15% in after‑hours trading.
Why it matters
The raised revenue target signals higher top‑line growth for the rest of fiscal 2027, which could lift future earnings and cash flow. The stock’s 15% post‑earnings rally reflects investor confidence in the company’s growth trajectory.
Key facts
- 1Record revenue was $33.0 million, up 200% from $11.0 million in Q1 2026. aehr.com
- 2GAAP net income was $7.2 million, or $0.21 per diluted share, versus a loss of $(2.1) million a year earlier. aehr.com
- 3Non‑GAAP earnings per diluted share were $0.28. aehr.com
- 4Bookings were $46.7 million, representing a book‑to‑bill ratio of approximately 1.4. aehr.com
- 5Effective backlog, including post‑quarter bookings, was $109.3 million as of November 1 2026. aehr.com
- 6The company raised its fiscal 2027 revenue outlook to $150 million, up from the prior $130‑$150 million range. aehr.com
Summary written by AlphAI AI Desk from 19 of 19 sources. Not investment advice. Figures are as stated by the linked sources.