Aehr Test Systems, Inc. (NASDAQ: AEHR) Q3 2025 Earnings Conference Call
On April 8, 2025, at 5:00 PM ET, Aehr Test Systems, Inc. (AEHR) held its fiscal 2025 third quarter financial results call. Participants from the company included Gayn Erickson, President & CEO, Chris Siu, CFO, and Jim Byers from PondelWilkinson, AEHR’s investor relations firm. The call was also joined by analysts Tyler Burmeister from Craig-Hallum Capital Group, Jed Dorsheimer from William Blair, and Larry Chlebina from Chlebina Capital.
Company Overview
Before diving into the financial details, it’s essential to provide some context about Aehr Test Systems. The company specializes in semiconductor test and reliability qualification systems for the production of microvias and packaged parts. Their systems are used by leading manufacturers of microvias, flash and memory devices, sensors, and other semiconductor components.
Financial Highlights
CEO Gayn Erickson began the call by discussing the company’s financial performance for Q3 2025. The net sales for the quarter totaled $9.5 million, a 12% increase compared to the same period last year. Gross margin came in at 45.3%, reflecting a 1.4 percentage point improvement from the previous year. Operating expenses were $5.7 million, slightly higher than the previous year due to increased research and development spending.
Revenue by Segment
The company’s revenue breakdown by segment showed that semiconductor and memory revenue accounted for $7.6 million, a 15% increase year-over-year. Non-semiconductor revenue, which includes military and industrial markets, came in at $1.9 million, a decrease of 4% compared to the previous year.
Order Backlog
CFO Chris Siu discussed the company’s order backlog, which stood at $15.7 million as of April 8, 2025. This represented a 14% increase compared to the previous quarter and a 34% increase compared to the same period last year.
Impact on Individual Investors
Based on the financial results and the positive outlook expressed by Aehr Test Systems’ management team, it appears that the company is well-positioned for growth in the semiconductor market. This could be good news for individual investors holding AEHR stock. However, it’s essential to remember that investing always carries risk, and past performance is not indicative of future results.
Impact on the World
The semiconductor industry is a critical component of the global economy, with applications ranging from consumer electronics to automotive to industrial manufacturing. Aehr Test Systems’ growth suggests that the demand for semiconductors remains strong, which could have far-reaching implications for various industries and economies around the world.
Conclusion
In conclusion, Aehr Test Systems’ Q3 2025 financial results call provided investors with a positive outlook on the company’s growth prospects. The semiconductor market continues to show strength, and Aehr Test Systems’ order backlog suggests that this trend is likely to continue. For individual investors, this could be an opportunity to consider adding AEHR stock to their portfolios. However, as always, it’s crucial to remember that investing carries risk and to do thorough research before making any investment decisions. For the world at large, the continued growth of the semiconductor industry could have significant implications for various industries and economies.
- Aehr Test Systems reported net sales of $9.5 million for Q3 2025, a 12% increase year-over-year.
- Gross margin came in at 45.3%, a 1.4 percentage point improvement from the previous year.
- Semiconductor and memory revenue accounted for $7.6 million, a 15% increase year-over-year.
- Order backlog stood at $15.7 million, a 14% increase compared to the previous quarter and a 34% increase compared to the same period last year.
- The continued growth of the semiconductor industry could have significant implications for various industries and economies around the world.
