Aehr Test Systems posted record revenue of $33.0 million in the first quarter of fiscal 2027, up 200% year over year and 75% from the preceding quarter. GAAP net income reached $7.2 million, compared with a $2.1 million loss a year earlier, while the non-GAAP gross margin climbed to 48.5%. Bookings totaled $46.7 million, and the effective backlog stood at $109.3 million as of November 1, 2026. Fueled by demand for AI processors used in hyperscale data centers, the company raised its full-year revenue target to $150 million, potentially three times the approximately $50 million recorded in fiscal 2026. Growth remains concentrated around a major hyperscale data center customer.
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