Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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."

Click here to receive FREE breaking news email alerts for Aehr Test Systems and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.