Aehr Test Systems reports Q3 EPS (5c), consensus (7c)

Reports Q3 revenue $10.31M, consensus $10.85M. Bookings were $37.2M for the quarter. Backlog as of February 27 was $38.7M. The company said, “We are very pleased with the strong momentum in our business across multiple market segments, highlighted by more than $37 million in quarterly bookings and a book-to-bill ratio exceeding 3.5x. Demand continues to accelerate across both WLBI and PLBI as semiconductor devices grow in size, complexity, and power and are increasingly deployed in mission-critical AI, networking, automotive, and industrial applications.”