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Aehr Test Systems Stock Is Surging After The Bell: What's Happening?
Aehr Test Systems (NASDAQ:AEHR) shares are trading higher in Tuesday’s after-hours session after the company provided preliminary financial results for the fourth quarter.
What Happened: Aehr said it expects fourth-quarter revenue of approximately $16.6 million. As of Tuesday’s close, analysts were anticipating fourth-quarter revenue of $15.452 million, according to estimates from Benzinga Pro.
The company said it expects fourth-quarter GAAP net income of approximately $23.8 million, which includes a tax benefit of approximately $20.8 million.
Aehr also issued preliminary full-year 2024 revenue of approximately $66.2 million ...