Aehr Test Systems (AEHR)

Company Profile

headquartered in fremont, california, aehr test systems is a worldwide supplier of systems for burning-in and testing memory and logic integrated circuits and has an installed base of more than 2,500 systems worldwide. aehr test has developed and introduced several innovative products, including the abts, foxtm and max systems and the diepak® carrier. the abts system is aehr test’s newest system for packaged part test during burn-in for both low-power and high-power logic as well as all common types of memory devices. the fox system is a full wafer contact test and burn-in system. the max system can effectively burn-in and functionally test complex devices, such as digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. the diepak carrier is a reusable, temporary package that enables ic manufacturers to perform cost-effective final test and burn-in of bare die.

Company profile

Ticker

AEHR

Exchange

NASDAQ

Website

www.aehr.com/

CEO

Gayn Erickson

Incorporated

California

Location

California

Fiscal year end

Dec 31

Sector

Manufacturing > Semiconductor and Related Device Manufacturing

Industry (SIC)

Instruments For Meas & Testing of Electricity & Elec Signals

Teradyne • Itron • Cohu • Frequency Electronics • Transcat • Intest • Allient • Data io • Giga Tronics • Reliability ...

SEC CIK

0001040470

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Aehr Test Systems GmbH • Aehr Test Systems Philippines Inc. ...

IRS number

942424084

AEHR stock data

1M 1Y 5Y

Latest filings (excl ownership)

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13 Sep 23

28 Aug 23

Departure of Directors or Certain Officers

17 Jul 23

8-K

Results of Operations and Financial Condition

13 Jul 23

8-K

Departure of Directors or Certain Officers

31 May 23

8-K

Departure of Directors or Certain Officers

13 Apr 23

Departure of Directors or Certain Officers

31 Mar 23

8-K

Results of Operations and Financial Condition

30 Mar 23

8-K

Regulation FD Disclosure

15 Mar 23

Transcripts

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AEHR

Earnings call transcript

2023 Q4

13 Jul 23

AEHR

Earnings call transcript

2023 Q3

30 Mar 23

AEHR

Earnings call transcript

2023 Q2

5 Jan 23

AEHR

Earnings call transcript

2023 Q1

7 Oct 22

AEHR

Earnings call transcript

2022 Q4

20 Jul 22

AEHR

Earnings call transcript

2022 Q3

1 Apr 22

AEHR

Earnings call transcript

2022 Q2

7 Jan 22

AEHR

Earnings call transcript

2022 Q1

24 Sep 21

AEHR

Earnings call transcript

2021 Q4

16 Jul 21

AEHR

Earnings call transcript

2021 Q3

9 Apr 21

Latest ownership filings

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Chris Siu

5 Sep 23

DONALD P. RICHMOND II

Notice of proposed sale of securities (amended)

8 Aug 23

144

Notice of proposed sale of securities

Notice of proposed sale of securities

2 Aug 23

144

Notice of proposed sale of securities

1 Aug 23

144

Notice of proposed sale of securities

31 Jul 23

Financial summary

Financial statements Chart AEHR financial data

Quarter (USD)	May 23	Feb 23	Nov 22	Aug 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	May 23	May 22	May 21	May 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	30.20 mm	30.20 mm	30.20 mm	30.20 mm	30.20 mm	30.20 mm
Cash burn (monthly)	(no burn)	113.33 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	463.04 k	n/a	n/a	n/a	n/a
Cash remaining	n/a	29.74 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	262.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

AEHR institutional ownership history Ownership history

65.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	152	146	+4.1%
Opened positions	40	41	-2.4%
Closed positions	34	27	+25.9%
Increased positions	53	42	+26.2%
Reduced positions	40	44	-9.1%

13F shares	Current	Prev Q	Change
Total value	773.35 bn	572.99 bn	+35.0%
Total shares	18.97 mm	18.66 mm	+1.6%
Total puts	864.30 k	1.10 mm	-21.7%
Total calls	1.26 mm	1.43 mm	-12.0%
Total put/call ratio	0.7	0.8	-11.0%

Largest owners	Shares	Value	Change
BLK Blackrock	1.83 mm	$75.51 bn	+253.4%
Vanguard	1.46 mm	$60.15 bn	+23.4%
GS Goldman Sachs	1.41 mm	$58.17 bn	-27.7%
Hood River Capital Management	1.39 mm	$57.50 bn	-9.7%
Driehaus Capital Management	1.35 mm	$55.64 bn	+30.5%
AWM Investment	1.29 mm	$53.07 bn	-3.2%
FMR	890.76 k	$36.74 bn	-5.9%
Oberweis Asset Management	873.11 k	$36.02 bn	+24.9%
D. E. Shaw & Co.	596.29 k	$24.60 bn	+112.5%
STT State Street	553.14 k	$22.82 bn	+236.7%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	1.83 mm	+1.31 mm	+253.4%
AMP Ameriprise Financial	259.27 k	-1.11 mm	-81.1%
GS Goldman Sachs	1.41 mm	-540.67 k	-27.7%
Susquehanna International	41.68 k	-441.29 k	-91.4%
STT State Street	553.14 k	+388.86 k	+236.7%
D. E. Shaw & Co.	596.29 k	+315.65 k	+112.5%
Driehaus Capital Management	1.35 mm	+314.97 k	+30.5%
Renaissance Technologies	0.00	-294.50 k	EXIT
Intrinsic Edge Capital Management	292.38 k	+292.38 k	NEW
Vanguard	1.46 mm	+276.14 k	+23.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AEHR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Sep 23	Siu Chris	Common Stock	Payment of exercise	Dispose F	No	No	51.64	503	25.97 k	15,069
1 Sep 23	Siu Chris	Common Stock	Grant	Acquire A	No	No	0	15,572	0.00	15,572
10 Aug 23	Richmond Donald P. Ii	Common Stock	Sell	Dispose S	No	No	51	92	4.69 k	138,642
9 Aug 23	Richmond Donald P. Ii	Common Stock	Sell	Dispose S	No	No	48.75	30,000	1.46 mm	138,734
8 Aug 23	Slayen Howard T	Common Stock	Gift	Dispose G	No	No	0	150	0.00	186,289
3 Aug 23	Geoffrey Gates Scott	Common Stock	Sell	Dispose S	No	No	50.2	9,470	475.39 k	34,990
2 Aug 23	Geoffrey Gates Scott	Common Stock	Sell	Dispose S	No	No	52.26	5,000	261.30 k	44,460
1 Aug 23	Oliphant Laura	Common Stock	Sell	Dispose S	Yes	No	52.5	1,008	52.92 k	12,665
31 Jul 23	Oliphant Laura	Common Stock	Sell	Dispose S	No	No	51.67	10,000	516.70 k	0
31 Jul 23	Oliphant Laura	Common Stock	Option exercise	Acquire M	No	No	1.34	2,500	3.35 k	10,000