Every material Form 8-K AEHR TEST SYSTEMS has filed with the SEC since July 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Aehr Test Systems reported first quarter fiscal 2027 results for the period ended September 25, 2026, with revenue of $33.0 million, up 200% from $11.0 million a year earlier, and GAAP net income of $7.2 million, or $0.21 per diluted share, compared with a net loss of $2.1 million a year earlier. The company raised its fiscal 2027 revenue outlook to $150 million from a prior range of $130 million to $150 million, which matters to shareholders because it signals higher expected sales for the year. The filing also covers a one-month transition period ended June 26, 2026, following a change in fiscal year-end.
Revenue was $33.0 million, up 200% year over year from $11.0 million and up 75% sequentially
GAAP net income was $7.2 million, or $0.21 per diluted share, versus a GAAP net loss of $2.1 million, or $0.07 per diluted share, a year earlier
Fiscal 2027 revenue outlook raised to $150 million from a prior range of $130 million to $150 million; non-GAAP net income expected at least 20% of revenue
Bookings were $46.7 million; backlog was $100.9 million at September 25, 2026, and effective backlog was $109.3 million at November 1, 2026
Aehr Test Systems expanded its board from six to seven seats and appointed Narsing Vijayrao as an independent director effective October 28, 2026. He also joins the Compensation Committee, a change that adds a director with long technology infrastructure and semiconductor experience to oversight of executive pay.
Board increased from six to seven authorized directors; appointment effective October 28, 2026
Vijayrao most recently was Vice President of Infrastructure at Meta Platforms, from April 2013 to August 2026
Non-employee pay: $65,000 annual cash retainer plus an initial RSU grant of $140,000 vesting over four years, then an annual $140,000 RSU grant
Serves until the next annual shareholder meeting; Board deemed him independent under Nasdaq standards
Aehr Test Systems reported fourth-quarter fiscal 2026 revenue of $18.8 million and GAAP net income of $1.4 million, compared with a net loss a year earlier, while full-year revenue fell to $50.0 million and the full-year GAAP net loss widened to $7.1 million. The company guided fiscal 2027 revenue to $130 million to $150 million, supported by an effective backlog of $100.6 million, which it said represents 2.6x to 3.0x fiscal 2026 revenue.
Q4 fiscal 2026 revenue was $18.8 million, up from $14.1 million a year earlier; GAAP net income was $1.4 million, or $0.04 per diluted share, versus a loss of $(0.10) per share.
Fiscal 2026 revenue was $50.0 million, down from $59.0 million; GAAP net loss was $(7.1) million, or $(0.23) per diluted share, versus $(3.9) million in fiscal 2025.
Record quarterly bookings of $60.7 million; effective backlog of $100.6 million as of the filing date.
Fiscal 2027 revenue guidance of $130 million to $150 million, implying approximately 160% to 200% year-over-year growth; cash, cash equivalents and restricted cash were $116.5 million at May 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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