Why Aehr Test Systems Stock Is Soaring Today

Why Aehr Test Systems Stock Is Soaring Today

Shares of Aehr Test Systems (NASDAQ: AEHR) were skyrocketing this morning after the company reported better-than-expected first-quarter fiscal 2022 results late yesterday. The company's bookings hit a new record, and management raised its revenue guidance for the full year as a result of the strong quarter. Aehr Test Systems reported net revenue of $5.6 million in the quarter, a 181% jump year over year.