Aehr Test(AEHR)
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Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Aehr Test Systems, Inc.(AEHR) Shareholders
ACCESSWIRE Newsroom· 2025-01-16 23:45
Core Viewpoint - A securities class action has been filed on behalf of shareholders of Aehr Test Systems, Inc. (AEHR), indicating potential legal issues surrounding the company's stock performance and disclosures [1] Group 1: Legal Action - The filing of the class action lawsuit suggests that shareholders may have experienced losses due to alleged misrepresentations or omissions by the company [1] - The lawsuit aims to recover damages for shareholders who purchased AEHR securities during the specified period [1] - The legal action highlights the importance of transparency and accurate reporting in maintaining investor trust [1]
Robbins LLP Reminds Investors of AEHR of the Lead Plaintiff Deadline and to Seek Counsel Regarding the Aehr Test Systems, Inc. Class Action
Prnewswire· 2025-01-16 23:27
Group 1 - A class action has been filed against Aehr Test Systems, Inc. for failing to disclose delays in customer orders during the period from January 9, 2024, to March 24, 2024 [1][2] - The complaint alleges that these undisclosed delays were likely to have a material negative impact on the company's revenue growth, overstating its business and financial prospects [2] - Following the announcement of disappointing preliminary fiscal Q3 2024 financial results on March 5, 2024, Aehr's stock fell over 22%, closing at $11.37 per share on March 25, 2024 [2] Group 2 - Shareholders interested in serving as lead plaintiff must submit their application to the court by February 3, 2025 [3] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3] Group 3 - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [4]
The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Aehr Test Systems, Inc.
ACCESSWIRE Newsroom· 2025-01-16 16:45
Core Viewpoint - The Schall Law Firm is inviting shareholders who have incurred losses to participate in a securities fraud case against Aehr Test Systems, Inc. [1] Group 1 - The law firm is focusing on shareholders who have experienced financial losses related to their investments in Aehr Test Systems [1] - The case is centered around allegations of securities fraud, which may have impacted the company's stock performance [1] - Shareholders are encouraged to join the legal action to seek potential recovery of their losses [1]
Lawsuit for Investors who Lost over $100,000 in shares of Aehr Test Systems, Inc. (NASDAQ: AEHR) between January and March 2024 announced by Shareholders Foundation
Prnewswire· 2025-01-16 15:30
Core Viewpoint - Aehr Test Systems, Inc. has faced significant revenue forecast reductions due to delays in customer orders, leading to a lawsuit from investors alleging misleading statements regarding the company's financial health [3][4][5]. Financial Guidance and Forecasts - In October 2023, Aehr Test Systems projected total revenue for fiscal year 2024 to be at least $100 million, indicating over 50% year-over-year growth [3]. - On January 9, 2024, the company revised its revenue forecast down to $75-$85 million, attributing this to delays in new orders from customers [3]. - Following this, on March 25, 2024, Aehr announced preliminary Q3 2024 revenue of approximately $7.6 million, significantly below the consensus estimate of $14.32 million, and further reduced its 2024 revenue forecast to at least $65 million [4]. Legal Actions - A lawsuit was filed on December 3, 2024, by an investor alleging that Aehr Test Systems made false or misleading statements regarding its order delays and the impact on revenue growth, claiming that the company's public statements were materially false and misleading [5]. - Investors who purchased more than $100,000 in shares between January 9, 2024, and March 24, 2024, have options to pursue legal action, with a deadline set for February 3, 2025 [2].
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Aehr Test Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines - AEHR
ACCESSWIRE Newsroom· 2025-01-16 14:45
Core Viewpoint - Pomerantz Law Firm is reminding shareholders of Aehr Test Systems, Inc. about a class action lawsuit due to investment losses and highlighting upcoming deadlines for participation [1] Group 1 - The law firm is encouraging shareholders who experienced losses to consider joining the class action lawsuit against Aehr Test Systems, Inc. [1] - The announcement emphasizes the importance of acting before the upcoming deadlines related to the lawsuit [1] - The firm aims to protect the interests of shareholders who may have been affected by the company's actions [1]
Class Action Filed Against Aehr Test Systems, Inc. (AEHR) Seeking Recovery for Investors - Contact Levi & Korsinsky
ACCESSWIRE Newsroom· 2025-01-16 13:00
Core Viewpoint - A class action lawsuit has been filed against Aehr Test Systems, Inc. (AEHR) seeking recovery for investors, indicating potential legal challenges for the company and its impact on investor confidence [1] Group 1: Legal Issues - The lawsuit alleges that Aehr Test Systems made false and misleading statements regarding its business operations and financial performance, which may have led to investor losses [1] - The filing of the class action suggests that investors are seeking accountability and compensation for perceived damages caused by the company's actions [1] Group 2: Investor Impact - The legal proceedings could affect Aehr Test Systems' stock performance and investor sentiment, as ongoing litigation often creates uncertainty in the market [1] - Investors are encouraged to contact legal representatives to discuss their options regarding the class action, highlighting the potential for collective action among affected shareholders [1]
Aehr Test Systems: Selloff Was Justified But I'm Still Cautiously Optimistic (Rating Downgrade)
Seeking Alpha· 2025-01-16 09:35
Group 1 - Retail investors are focusing primarily on semiconductor and fintech sectors, indicating a trend in investment preferences [1] - The goal is to provide timely and digestible research on covered stocks, suggesting a commitment to clarity and accessibility in investment analysis [1] Group 2 - There is a beneficial long position in AEHR shares, highlighting potential confidence in the company's future performance [2] - The article expresses personal opinions of the analyst, emphasizing the independence of the analysis [2]
Why Electric Vehicle Stocks Tesla, Rivian, and Aehr Test Systems Rallied Today
The Motley Fool· 2025-01-15 19:22
Shares of electric vehicle makers Tesla (TSLA 6.39%), Rivian (RIVN 3.90%), and Aehr Test Systems (AEHR 14.58%) rallied on Wednesday, up 5.2%, 4.7%, and 15.8%, respectively, as of 11:30 a.m. ET.There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important inflation report.CPI runs hot, but the important "core" CPI coolsInflation is a critical factor in demand for autos, as a car is a large-ticket item that is often financed by customers. But interest rat ...
Why Aehr Test Systems Stock Is Plummeting Today
The Motley Fool· 2025-01-14 16:45
Core Viewpoint - Aehr Test Systems experienced significant stock sell-offs following disappointing quarterly results and forward guidance, indicating potential challenges ahead for the company [1][2]. Financial Performance - The company reported non-GAAP earnings per share of $0.02 on sales of $13.45 million for the second quarter, falling short of Wall Street's expectations of $0.03 per share on revenue of $15.03 million [3]. - Revenue decreased approximately 37% year-over-year, while earnings per share dropped around 91% compared to the prior-year period [3]. Market Outlook - Aehr recorded bookings of only $9.2 million in the quarter, suggesting a bearish outlook for near-term sales performance [4]. - For the remainder of the fiscal year, the company maintained its guidance for sales of at least $70 million and an adjusted net profit before taxes margin of at least 10%, but expressed caution regarding demand outlook [5]. Product and Geopolitical Considerations - The CEO indicated that growth for silicon carbide products outside of China is expected to be challenging until 2026, with geopolitical risks potentially impacting market performance in China [6]. - The company anticipates that testing products and solutions for artificial intelligence processors will represent a significant portion of its revenue this year [6].
Aehr Test Systems Posts Weak Results, Joins Trump Media & Technology Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Benzinga· 2025-01-14 13:01
Summary of Key Points Core Viewpoint - U.S. stock futures are showing positive movement, with Dow futures increasing by over 150 points, while Aehr Test Systems, Inc. reported disappointing financial results leading to a significant drop in its stock price. Company Performance - Aehr Test Systems reported quarterly earnings of 2 cents per share, missing the analyst consensus estimate of 4 cents per share [2] - Quarterly revenue was reported at $13.45 million, which also fell short of the analyst consensus estimate of $15.03 million and represents a decrease from $21.43 million in the same period last year [2] - Following the earnings report, Aehr Test Systems shares fell by 19.3% to $12.90 in pre-market trading [2] Other Stocks Movement - FTAI Infrastructure Inc. shares dropped by 12.4% to $7.04 in pre-market trading [3] - Crown LNG Holdings Limited shares decreased by 7.2% to $0.90 [3] - Embecta Corp. shares fell by 6% to $18.71 [3] - Ardent Health Partners, Inc. shares declined by 5.5% to $15.17 [3] - Trump Media & Technology Group Corp. shares fell by 5.3% to $40.64 after a previous increase of over 21% [3] - Intrepid Potash, Inc. shares decreased by 4.7% to $24.01 after a rise of more than 10% [3] - Bausch + Lomb Corporation shares fell by 2.1% to $17.01 [3]