Aehr Test Systems Shares Jump 27% After Revenue Rises and Company Swings to Profit
Aehr Test Systems reported higher fiscal first-quarter revenue and swung to a profit. Shares were up 27% at $65.31 in midday trading.
By Chris WackAehr Test Systems shares rose after the company reported higher fiscal first-quarter revenue and swung to a profit.The stock was 27% higher, at $65.31, in midday trade, and has more than doubled in the past 12 months.The company said it had quarterly revenue of $33 million, compared wi…