Aehr Test Systems — First Quarter Fiscal 2027 Earnings Summary

Aehr Test Systems reported record first-quarter fiscal 2027 revenue of $33.0 million, representing a 200% increase year-over-year and a 75% increase sequentially. The company achieved GAAP net income of $7.2 million and raised its full-year fiscal 2027 revenue outlook to $150 million, tripling the previous year's revenue. Strong demand was evidenced by $46.7 million in quarterly bookings and an effective backlog of $109.3 million as of November 1, 2026. Management highlighted significant growth in AI semiconductor test solutions, including expanded production for lead customers and new evaluations with major suppliers.