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Aehr Test Systems Reports Fiscal 2026 Second Quarter Financial Results and Reinstates Guidance Driven by Improved Visibility for AI Processor and Data Center Semiconductor Test and Burn-In Systems
FREMONT, CA / ACCESS Newswire / January 8, 2026 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today
About this update from Aehr Test Systems
[{"type":"text","content":"FREMONT, CA / ACCESS Newswire / January 8, 2026 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in solutions, today announced financial results for its second quarter of fiscal 2026 ended November 28, 2025.Fiscal Second Quarter Financial Results:Net revenue was $9.9 million, compared to $13.5 million in the second quarter of fiscal 2025.GAAP net loss was $(3.2) million, or $(0.11) per diluted share, compared to GAAP net loss of $(1.0) million, or $(0.03) per diluted share, in the second quarter of fiscal 2025.Non-GAAP net loss, which excludes stock-based compensation, acquisition-related adjustments and restructuring charges, was $(1.3) million, or $(0.04) per diluted share, compared to non-GAAP net income of $0.7 million, or $0.02 per diluted share, in the second quarter of fiscal 2025.Bookings were $6.2 million for the quarter.Backlog as of November 28, 2025 was $11.8 million. Effective backlog, including bookings since November 28, 2025, is $18.3 million.Total cash, cash equivalents and restricted cash as of November 28, 2025 was $31.0 million, compared to $24.7 million at August 29, 2025.Fiscal First Six Months Financial Results:Net revenue was $20.9 million, compared to $26.6 million in the first six months of fiscal 2025.GAAP net loss was $(5.3) million, or $(0.18) per diluted share, compared to GAAP net loss of $(0.4) million, or $(0.01) per diluted share, in the first six months of fiscal 2025.Non-GAAP net loss was $(1.0) million, or $(0.04) per diluted share, which excludes stock-based compensation, acquisition-related adjustments and restructuring charges, compared to non-GAAP net income of $2.8 million, or $0.10 per diluted share, in the first six months of fiscal 2025.Cash used in operating activities was $1.5 million for the first six months of fiscal 2026.An explanation of the use of non-GAAP financial measures and a reconciliation of Aehr's non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the accompanying tables.Gayn Erickson, President and CEO of Aehr Test Systems, commented:\"While second quarter revenue was softer than anticipated, we made significant progress in both wafer-level burn-in (WLBI) and packaged-part burn-in (PPBI) segments and are very excited about our prospects moving forward. Based on customer forecasts rec...