Aehr Test Systems reported earnings results for the fourth quarter and full year ended May 31, 2024. For the fourth quarter, the company reported revenue was USD 16.6 million compared to USD 22.27 million a year ago. Net income was USD 23.86 million compared to USD 6.11 million a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.81 compared to USD 0.21 a year ago.
For the full year, revenue was USD 66.22 million compared to USD 64.96 million a year ago. Net income was USD 33.16 million compared to USD 14.56 million a year ago. Basic earnings per share from continuing operations was USD 1.15 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 0.5 a year ago.