Aehr Test (AEHR) Q3 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 8, 2026 astatine 9:23 AM CDT 66 min read

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Tuesday, April 8, 2025 astatine 5:00 p.m. ET

• Chief Executive Officer — Gayn Erickson

• Chief Financial Officer — Chris Siu

Gayn Erickson: Thanks Jim. Good day everyone and invited to our 3rd 4th fiscal 2025 net league call. Thanks for joining america today. I'll statesman with a fewer opening comments, and past I'd similar to walk immoderate clip discussing tariffs and Aehr position connected the adjacent and semipermanent implications, arsenic this taxable is evidently connected everyone's mind. We received galore inquiries seeking answers regarding this matter. I'll past supply a little overview of the quarter’s cardinal highlights and stock updates connected the superior markets that Aehr targets for semiconductor investigating and burn-in, including the important advancement we've made truthful acold this twelvemonth successful caller markets.

After that, Chris volition present a elaborate reappraisal of our fiscal show and yet we'll unfastened up the level your questions. We're pleased to study 3rd 4th gross maturation and coagulated bookings and backlog and that we exceeded The Street fiscal forecast statement for some gross and bottom-line for the quarter. We're peculiarly excited by the important advancement we've made expanding into further cardinal markets and unlocking caller opportunities to pull customers and thrust gross growth. Recent wins person helped america meaningfully diversify beyond silicon carbide and into precocious maturation markets similar AI processors with our manufacture starring wafer level and bundle portion trial and burn-in solutions. Okay, truthful tariffs.

Currently it appears that the actions and announcements from the U.S. Administration regarding tariffs are dominating the quality cycle. At this time, we bash not judge that the interaction of the tariff announcements made by the U.S. Administration past week volition importantly impact Aehr directly. However, we're looking astatine the near-term secondary effects connected our existent and imaginable caller customers on with the uncertainty this 4th regarding imaginable pauses oregon delays successful lawsuit orders, shipments, oregon proviso concatenation transportation delays oregon disruptions. Our contiguous extremity is to measure the interaction connected a lawsuit by lawsuit ground and pass this to them rapidly to region immoderate uncertainty oregon risk, truthful that they bash not dilatory down oregon hold immoderate orders.

We already person connected manus the worldly needed for shipments of our wafer level burn-in and bundle portion burn-in systems implicit the adjacent mates of quarters. For wafer level burn-in systems, it's overmuch longer than that. For consumables, specified arsenic our wafer packs for wafer level burn-in and burn-in boards and modules for our packaged portion burn-in systems, these are speedy crook items with worldly purchased and built to order. We're already redirecting these materials and looking to driblet vessel finished goods from our subcontractors, arsenic good arsenic shifting assembly and trial of our wafer packs to 1 of our planetary locations arsenic needed to minimize tariffs and debar immoderate imaginable proviso concatenation disruption.