NEW YORK, Jan. 17, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Aehr Test Systems, Inc. ("Aehr" or the "Company") (NASDAQ: AEHR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Aehr investors who were adversely affected by alleged securities fraud between January 9, 2024 and March 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid ...

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]

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. ...

SAN DIEGO, Jan. 16, 2025 /PRNewswire/ -- The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in Aehr Test Systems, Inc. (NASDAQ: AEHR) shares.Investors who purchased more than $100,000 in shares of Aehr Test Systems, Inc. (NASDAQ: AEHR) between January 9, 2024, and March 24, 2024, have certain options and there are short and strict deadlines running. Deadline: February 3, 2025. ThoseNASDAQ: AEHR investors should contact the Shareholders Foundation at [email protected] ...

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 ...

Class Action Filed Against Aehr Test Systems, Inc. (AEHR) Seeking Recovery for Investors - Contact Levi & Korsinsky ...

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]

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 ...

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].