Aehr Test Systems (AEHR) Reports Q1 2009 Increase in Sales and Earnings
Read the full article: http://Blog.QualityStocks.net/?p=12595
Aehr Test Systems (AEHR), a supplier of semiconductor test and burn-in equipment, announced financial results for the first quarter of fiscal 2009 this afternoon after the close. Revenues rose to $9.7 million, an increase of 27% from $7.7 million for the same period of fiscal 2008. Income from operations was $1.4 million, an increase of 89% from $717,000 a year earlier. Net income rose 21% to $865,000, or 10 cents per share, compared to $717,000, or 9 cents per share last year. The smaller increase in net income relative to the rise in operating income is a result of a significantly higher effective income tax rate.
- Login or register to post comments
- Email this page
Related Articles
- Key Tronic Corporation (KTCC) Reports Fourth Quarter Earnings Well Above Guidance
- Hydrogenics Corp. (HYGS) Sees Sixth Consecutive Quarter Of Revenue Growth
- NetSol Technologies, Inc. (NTWK) Achieves Fifth Successful Software Launch In Australia
- eFuture Information Technology Inc. (EFUT) Reports Q2 Sales Double, Earns Profit
- MFRI, Inc. (MFRI) Reports Record Quarterly Sales, 67% Increase in Q2 Net Income
