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AEHR Fiscal Q1: More Orders Likely this Fiscal Year
Beth KindigOCT 6, 20235 Min Read
AEHR came in as expected and beat in some cases. Management reiterated guidance of at least $100 million for 50% year-over-year growth. Given the company added its sixth customer this quarter, the market may have wanted a raise. If we are patient, it’s likely AEHR will see a raise over the next two to three quarters. Management alluded to more orders likely being placed and delivered this fiscal year. This is detailed in the earnings notes below.
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