Management Guidance Tracker

AEHR — Aehr Test Systems  |  FY2022 – FY2026  |  Annual Guidance + Quarterly Bookings
Annual revenue guidance from earnings press releases. Fiscal year ends late May (Q1=Jun-Aug, Q2=Sep-Nov, Q3=Dec-Feb, Q4=Mar-May). Semiconductor wafer-level test & burn-in for SiC, GaN, and AI processors.

Methodology Notes

Aehr Test Systems provides annual (not quarterly) revenue guidance, typically issued at Q4 earnings and updated throughout the year. Guidance often uses floor language (“at least $X”) rather than ranges. Verdicts use initial guidance for each fiscal year: Exceeded = actual above guidance high; Met = within range; Not Met = below guidance low. FY2024 initial guidance was dramatically revised down twice due to EV/SiC market softness. FY2025 guidance was withdrawn in Q3 due to tariff uncertainty. Quarterly bookings (new orders) are a critical leading indicator and are tracked separately below. GAAP EPS for Q4 FY2024 includes a $20.8M tax valuation allowance release.

Annual Guidance Verdict

Annual Revenue: Guidance vs Actual ($M)

Quarterly Revenue ($M)

Quarterly New Bookings ($M)

Backlog Trend ($M)

Annual Revenue Guidance vs. Actual Results

Initial guidance issued at Q4 earnings of prior fiscal year. “At least $X” treated as guideLow = guideHigh = $X.

Fiscal Year Date Issued Initial Guidance Guide Low Guide High Actual Revenue Δ vs Mid Verdict Notes Source

Guidance Revision History

Quarterly New Bookings & Backlog

New orders received each quarter. Bookings are a critical leading indicator for future revenue. Book-to-bill >1.0x indicates growing backlog.

Quarter Period Ended New Bookings ($M) Book-to-Bill Backlog ($M) Eff. Backlog ($M) Source

Quarterly Financial Actuals

From 8-K press releases. Non-GAAP EPS available from FY2024 onward.

Quarter Period Ended Revenue ($M) GAAP EPS ($) Non-GAAP EPS ($) Source