Aehr Test Systems (NASDAQ: AEHR) shares are trading lower in Tuesday's after-hours session following the release of the company's second-quarter earnings report.
What To Know: Aehr Test Systems reported quarterly earnings of 23 cents per share, beating analyst expectations of 19 cents, a 43.75% increase over earnings of 16 cents per share from the same period last year.
The company reported quarterly sales of $21.40 million which exceeded the analyst consensus estimate of $20.89 million, a 44.45% increase over sales of $14.81 million the same period last year.
Total cash and cash equivalents as of Nov. 30 were $50.5 million, ...