Aehr Test (AEHR) Q2 2025 Earnings Call Transcript

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Monday, January 13, 2025 astatine 5 p.m. ET

• President and Chief Executive Officer — Gayn Erickson

• Chief Financial Officer — Chris Siu

Gayn Erickson; and CFO, Chris Siu. Before I crook the telephone implicit to Gayn and Chris, I'd similar to screen a fewer items. This afternoon, aft marketplace close, Aehr Test issued a property merchandise announcing its 2nd 4th fiscal 2025 results, that merchandise is disposable connected the company's website astatine aehr.com. This telephone is being broadcast unrecorded implicit the Internet for each funny parties and the webcast volition beryllium archived successful the Investor Relations leafage of the Aehr Test website.

I'd similar to punctual everyone that connected today's call, absorption volition beryllium making forward-looking statements contiguous that are based connected existent accusation and estimates, and are taxable to a fig of risks and uncertainties that could origin existent results to disagree materially from those successful the forward-looking statements. These factors that whitethorn origin results to disagree materially from those successful the forward-looking statements are discussed successful the company's astir caller periodic and existent reports filed with the SEC. These forward-looking statements, including guidance provided during today's telephone are lone valid arsenic of this day and Aehr Test Systems undertakes nary work to update the forward-looking statements.

Now with that, I'd similar to crook the league telephone implicit to Gayn Erickson, President and CEO.

Gayn Erickson: Thanks, Jim. Good afternoon, everyone, and invited to our 2nd 4th fiscal '25 net league call. Thanks for joining america today. I really person a fig of topics that I'm going to spell through. I'll effort and get done them quickly. We've had a batch of inbound petition for accusation and to clarify each the antithetic markets that we person been expanding into, particularly, a batch of questions astir the AI side. So, I thought I would walk a small spot of clip conscionable making definite to bring everybody up to velocity and benignant of normalize what everybody understands astir that. So carnivore with maine arsenic I spell done this.

Chris volition past screen immoderate details related to our financials a small spot shorter than mean to marque up for my longer information of this happening and past we'll unfastened up for questions. I'll commencement with a little overview of the quarter's cardinal highlights and stock updates connected the cardinal markets we're targeting for our semiconductor trial and burn-in, including notable advancement successful those caller markets. We're excited to stock the important advancement we've made connected the cardinal objectives we outlined astatine the commencement of the fiscal year, particularly, expanding our merchandise scope into further ample and accelerated increasing markets.