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Aehr Test Systems Reports Wider Q2 Loss

Semiconductor test equipment supplier Aehr Test Systems (AEHR: Quote) Thursday reported a net loss for the second quarter of $1.4 million or $0.15 per share, wider than the loss of $0.8 million or $0.09 per share in the year-ago quarter.

On a non-GAAP basis, net loss for the quarter was $1.2 million or $0.13 per share, compared with the loss of $0.5 million or $0.06 per share last year.

Net sales for the quarter grew to $3.9 million from $3.6 million in the year-ago quarter.

Rhea Posedel, executive chairman, said of the new CEO, Gayn Erickson," We are fortunate to have attracted Gayn, who brings 23 years of semiconductor test and general management experience to our company. We are confident that he will do an outstanding job and has the management skill set needed to take Aehr Test to the next level."

by RTT Staff Writer

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