Revenue Update on Aehr Test Systems(NASDAQ:AEHR)

Aehr Test Systems(NASDAQ:AEHR) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jul 26, 2016. Earnings per share were $-0.21.

Aehr Test Systems (AEHR) shares turned negative on Fridays trading session with the shares closing down -0.09 points or -4.92% at a volume of 26,043. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $1.8. The peak price level was also seen at $1.8 while the days lowest was $1.72. Finally the shares closed at $1.74. The 52-week high of the shares is $3.4199 while the 52-week low is $0.953. According to the latest information available, the market cap of the company is $23 M.

Several Insider Transactions has been reported to the SEC. On Oct 23, 2015, William W R Elder (director) sold 1,800 shares at $2.21 per share price.Also, On Aug 17, 2015, Robert R Anderson (director) purchased 3,000 shares at $2.16 per share price.On Aug 17, 2015, Gary L Larson (VP OF FINANCE & CFO) sold 8,000 shares at $2.22 per share price, according to the Form-4 filing with the securities and exchange commission.

Aehr Test Systems is a provider of burn-in equipment. The Company manufactures and markets full wafer contact test systems test during burn-in systems test fixtures die carriers and related accessories. The Company’s principal products are the Advanced Burn-In and Test System (ABTS) the FOX full wafer contact parallel test and burn-in systems the MAX burn-in system WaferPak full wafer contactor the DiePak carrier and test fixtures. The Company develops manufactures and sells systems which are designed to reduce the cost of testing and to perform reliability screening or burn-in of complex logic devices memory integrated circuits (ICs) sensors and optical devices. These systems can be used to perform parallel testing and burn-in of packaged ICs singulated bare die or ICs still in wafer form. The Company’s product families include the ABTS and FOX systems the WaferPak cartridge and the DiePak carrier.

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