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Aehr’s quarterly revenue falls by 36% year-on-year, but EV-related orders rebounding
What happened
Aehr Test Systems reported Q1 FY2025 revenue of $13.1M, down 36% YoY and 21% sequentially. The decline was attributed to ongoing softness in the silicon carbide (SiC) wafer test market, though the company noted a rebound in EV-related orders. Watch: The recovery in EV orders could signal a future demand uptick for SiC test equipment, but current financials reflect persistent weakness.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
Semiconductor Test Equipment
Aehr Test Systems
earningsdemand-recoveryev
Source and time
Source: Semiconductor Today · 10/16/2024 · View original source
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