By Kit Norton
Aehr Test Systems' losses beat expectations in fiscal 2026 third-quarter, but the semiconductor equipment maker's revenue missed Wall Street projections.
The Fremont, Calif.,-based maker of semiconductor test and reliability equipment late Tuesday posted a loss of 5 cents per share in the fiscal third-quarter, compared with a profit of 7 cents per share a year ago, with revenue totaling $10.3 billion, falling 44% from a year earlier.
Prior to the earnings release, Wall Street consensus expected a loss of 7 cents per share and revenue of $10.8 million, according to FactSet.
Aehr stock fell 3% after Tuesday's closing bell. The stock was on a hot streak heading into earnings. However, the stock fell 3.7% to $50.25 in regular trading on Tuesday. For comparison, the S&P 500 rose 0.08% and the Dow Jones Industrial Average declined 0.18%, on Tuesday.
Write to Kit Norton at kit.norton@barrons.com
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(END) Dow Jones Newswires
April 07, 2026 16:42 ET (20:42 GMT)
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