logo
Share SHARE
FONT-SIZE Plus   Neg

Aehr Test Systems Reports Wider Q2 Loss

Semiconductor test equipment supplier Aehr Test Systems (AEHR) 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

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Maternity leave is a temporary period of absence from employment granted to expectant or new mothers during the months immediately before and after their pregnancy. Parental leave, including maternity, paternity and adoption leave, is an employee benefit. Many countries around the world, including... Texas, the second largest state in the U.S., has four of the five fastest-growing cities in the U.S., according to new population estimates released Thursday by the U.S. Census Bureau for the twelve months up to July 1, 2016. Ten of the fifteen fastest growing large U.S. cities during that 12-month span were in the South, according to the Census Bureau. To book-lover's surprise, online retailer Amazon opened another bricks and mortar store in an upmarket shopping mall in New York. This is the seventh book store of Amazon.
comments powered by Disqus
Follow RTT