Aehr test systems reports fiscal 2024 fourth quarter and full year financial results and provides fiscal 2025 full year financial guidance

Fremont, ca / accesswire / july 16, 2024 / aehr test systems (nasdaq:aehr), a worldwide supplier of semiconductor test and burn-in equipment, today announced financial results for its fiscal 2024 fourth quarter and full year ended may 31, 2024. fiscal fourth quarter financial results: net revenue was $16.6 million, compared to $22.3 million in the fourth quarter of fiscal 2023 gaap net income was $23.9 million, or $0.81 per diluted share, which includes the impact of a tax benefit resulting from the release of the company's full income tax valuation allowance of approximately $20.8 million, compared to gaap net income of $6.1 million, or $0.21 per diluted share, in the fourth quarter of fiscal 2023.
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