Overview

• Aehr reported fiscal Q1 revenue of $10.97 million versus $10.78 million expected, with adjusted earnings of $0.01 per share in line.
• Quarterly bookings reached $11.4 million, total backlog stood at $15.5 million as of Aug. 29, and cash totaled $24.7 million.
• The company said its main production customer, described as a hyperscaler, placed multiple follow-on volume orders and asked for shorter lead times.
• Aehr added that the hyperscaler outlined plans to expand capacity and introduce new AI processors over the coming year.
• Shares fell about 11.5% after hours to $27.90 on Oct. 6 and were down roughly 15.1% pre-market to $26.89 on Oct. 7.