Aehr Test Systems (AEHR) Misses Q2 Earnings and Revenue Estimates

Group 1 - Aehr Test Systems reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of$ 0.03 per share, and down from $0.23 per share a year ago, representing an earnings surprise of -33.33% [1] - The company posted revenues of$ 13.45 million for the quarter ended November 2024, missing the Zacks Consensus Estimate by 7.86%, and down from $21.43 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times, but has only topped consensus revenue estimates once [2] Group 2 - The stock has lost about 1.4% since the beginning of the year, compared to the S&P 500's decline of -0.9% [3] - The current consensus EPS estimate for the coming quarter is$ 0.08 on $20 million in revenues, and$ 0.31 on $70.9 million in revenues for the current fiscal year [7] - The Zacks Industry Rank for Electronics - Measuring Instruments is currently in the top 8% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]