Investing.com - Aehr Test Systems reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Aehr Test Systems announced earnings per share of $0.050 on revenue of $10.7M. Analysts polled by Investing.com anticipated EPS of $-0.030 on revenue of $5.12M.
Aehr Test Systems shares are down 42% from the beginning of the year and are trading at $15.230 , down-from-52-week-high.
Aehr Test Systems shares gained 9.81% in after-hours trade the report.
Aehr Test Systems follows other major Information Technology sector earnings this month
Aehr Test Systems's report follows an earnings missed by Oracle on Monday, September 12, 2022, who reported EPS of $1.03 on revenue of $11.45B, compared to forecasts EPS of $1.07 on revenue of $11.33B.
Accenture had beat expectations on Thursday, September 22, 2022 with fourth quarter EPS of $2.6 on revenue of $15.42B, compared to forecast for EPS of $2.57 on revenue of $15.39B.
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