Aehr Test Systems (NASDAQ:AEHR) declares financial Q4 & fiscal year outcomes

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Dallas, Texas 07/22/2013 (Financialstrend) – Aehr Test Systems (NASDAQ:AEHR), a global dealer of semiconductor experiment and burn-in tools, has made declaration about the outcomes for the 4th quarterly period and financial year ended May 31, 2013.

Overall net sale figures remained at $3.3 million during the fourth quarterly period of fiscal 2013.

The company registered a net loss of $0.9 million, or $0.08 per diluted share, during the fourth quarterly period of financial 2013.

Company’s net sales for financial year 2013 remained at $16.5 million, an augmentation of 6.2 per cent as against net sale facts of $15.5 million during last financial.

Net loss for financial 2013 remained at $3.4 million as against a net loss of $3.4 million during the last financial.

As of May 31, 2013, the ifrm’s reserve remained at $9.1 million as against $7.3 million at May 31, 2012.

While talking over the outcomes of the fourth quarterly period of financial 2013, Gayn Erickson, President and chief executive officer of Aehr Test Systems, stated, “In a consecutive manner our grosses were mostly flat as we carried on experiencing the business wide gentleness, which has shammed Aehr Test, together with other firms in the semiconductor experiment section, recently. We were delighted but to have bettered our bottom line q-o-q because of enhanced margins.”

“We are continuing to make encroachments in advancing our objective of rising our biz with both novel as well as subsisting clientele,” added Erickson.

Erickson added, “During the quarterly period under review, we also bagged more than $4 million in follow-on deals for manifold FOX-1 Full Wafer Parallel Test methods and WaferPak middlemen from a important producer of semiconductor memory tools. These deals symbolize systems and WaferPak contactors with shipments via our 3rd quarter of financial 2014.”