### @AEHR — Confirmed — from the latest earnings call and quarterly filing
Revenue $10.3M, down 44% from $18.3M - the SiC and EV burn-in that was 92% of fiscal '24 rolled over hard. Gross margin 36.5% non-GAAP vs 42.7% as mix shifted to package-level Sonoma. Bookings $37.2M, backlog $50.9M record - AI and silicon photonics driving it. Guiding high side of $45-50M, non-GAAP profit target Q4. Orders turned ahead of revenue; that's the equipment cycle. We'll see how it converts. Okay?
- tier: Confirmed (✓)
- source: AEHR / The lumpy rotation quarter
- receipt: https://ticker.thevixguy.com/p/p-day-20260724-aehr-src-aehr-lumpy-rotation-quarter-rotation
- posted: 2026-07-24T16:02:41.054Z