Aehr Test Systems(NASDAQ:AEHR) stock rose by 34.3% after the company reported its Q1 earnings results on Thursday, September 23, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Aehr Test Systems beat their estimated earnings by 33.33%, which surprised analysts.
Revenue was up $3,634,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 21.0% increase in the share price the next day.
Here’s a look at Aehr Test Systems’s past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|
| EPS Estimate | -0.03 | 0.02 | 0.02 | -0.05 | -0.03 |
| EPS Actual | -0.02 | 0.04 | -0.02 | -0.07 | -0.09 |
| Price Change % | 34.3% | 21.0% | -10.15% | -17.25% | 6.99% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Aehr Test Systems sees FY21 revenue of $50M.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
