Últimas noticias sobre Aehr Test System (NASDAQ:AEHR) Bolsa

Aehr Test System

Aehr Test Systems

Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets. The Company operates in one business segment, the designing, manufacturing, marketing and selling of advanced test and burn-in products to the semiconductor manufacturing industry in several geographic areas. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several inventive products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.

Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) will release its quarterly earnings report on Thursday, 2024-10-10. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Aehr Test Systems to report an earnings per share (EPS) of $0.01.
Aehr Test Systems bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS beat by $0.74, leading to a 22.39% increase in the share price on the subsequent day.
Here's a look at Aehr Test Systems's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.10</td>
<td>-0.03</td>
<td>0.19</td>
<td>0.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.84</td>
<td>-0.03</td>
<td>0.23</td>
<td>0.18</td>
</tr>
<tr>
<td>Price Change %</td>
<td>22.0%</td>
<td>-2.0%</td>
<td>-17.0%</td>
<td>-13.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1728482522_0.png" alt="eps graph" />
<a href="https://www.benzinga.com/quote/AEHR/earnings">To track all earnings releases for Aehr Test Systems visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

AEHR

Examining the Future: Aehr Test Systems's Earnings Outlook

<h3>Gainers</h3>
<ul>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock moved upwards by 7.1% to $0.27 during Tuesday's after-market session. The company's market cap stands at $2.0 million. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock moved upwards by 5.96% to $1.6. The market value of their outstanding shares is at $18.5 million. </li>
<li>Aehr Test System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) stock increased by 5.95% to $12.99. The market value of their outstanding shares is at $383.9 million. </li>
<li>Yxt.Com Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YXT#NASDAQ">YXT</a>) stock increased by 4.94% to $2.97. The company's market cap stands at $178.4 million. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock increased by 4.83% to $4.12. The market value of their outstanding shares is at $4.3 million. </li>
<li>Signing Day Sports (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGN#AMEX">SGN</a>) shares rose 4.13% to $0.24. The company's market cap stands at $4.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>My Size (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) stock decreased by 4.7% to $1.63 during Tuesday's after-market session. The market value of their outstanding shares is at $1.7 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) stock declined by 4.22% to $0.89. The market value of their outstanding shares is at $91.6 million. </li>
<li>Cemtrex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETX#NASDAQ">CETX</a>) stock declined by 4.0% to $0.09. The market value of their outstanding shares is at $1.5 million. </li>
<li>Focus Universal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) shares declined by 3.91% to $0.24. The market value of their outstanding shares is at $17.5 million. </li>
<li>Alpha Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATGL#NASDAQ">ATGL</a>) stock decreased by 3.7% to $5.73. The market value of their outstanding shares is at $87.4 million. </li>
<li>Mobilicom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOB#NASDAQ">MOB</a>) stock declined by 3.58% to $1.08. The market value of their outstanding shares is at $6.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

ATGL

CCTG

CETX

FCUV

MLGO

MYSZ

OBLG

12 Information Technology Stocks Moving In Tuesday's After-Market Session

WIIM

ACHR

ALGM

AMAT

AMBR

ASML

AVGO

AXTI

DIOD

GCTS

INDI

INTC

KLAC

KLIC

LRCX

LSCC

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MBLY

MCHP

MKSI

MPWR

MRVL

MTSI

NVDA

NVTS

NXPI

QCOM

RMBS

SIMO

SITM

SWKS

SYNA

TSEM

UCTT

WOLF

Shares of semiconductor and chip stocks are trading higher following strong earnings from Micron.

AMKR

CAMT

CRDO

NVMI

ONTO

SMTC

Shares of semiconductor companies are trading higher amid overall market strength following Wednesday's Fed rate cut.

Aehr Test Systems shares are trading higher after the company announced it received its first multisystem customer order for its Sonoma ultra-high-power system for volume production test and burn-in of AI processors.

News

Contracts

Aehr Receives Its First Multisystem Customer Orders For Its Sonoma Ultra-High-Power System For Volume Production Test And Burn-in Of AI Processors

ACLS

ALAB

AMBA

AOSL

ASTI

ENPH

ENTG

FORM

FSLR

LAES

OLED

PLAB

POWI

QRVO

SEDG

SKYT

SLAB

Shares of semiconductor stocks are trading lower amid overall market weakness. A drop in the price of NVIDIA may weigh down the sector.

VECO

Shares of semiconductor stocks are trading higher amid overall market strength as stock rebound following upbeat US economic data, which could be alleviating recession worries.

Although U.S. stocks closed lower on Friday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions </a>platform.
<h3 class="wp-block-heading">Aehr Test Systems</h3>
<ul>
<li>The Trade: Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) Director Howard T Slayen <a href="https://www.benzinga.com/quote/AEHR/analyst-ratings">acquired a total of 20,000 shares</a> at an average price of $15.50. To acquire these shares, it cost around $310,000.</li>
<li>What's Happening: On July 16, Aehr Test Systems reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates..</li>
<li>What Aehr Test Systems Does: Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets.</li>
</ul>
<h3 class="wp-block-heading">LTC Properties</h3>
<ul>
<li>The Trade: LTC Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTC#NYSE">LTC</a>) Director David L Gruber acquired a total of 6,000 shares at &lt;/em&gt;&lt;/a&gt; an average price of $35.73. To acquire these shares, it cost around $214,520.</li>
<li>What's Happening: On July 29, LTC Properties posted upbeat quarterly sales.</li>
<li>What LTC Properties Does: LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in seniors housing and healthcare facilities through mortgage loans, property lease transactions, and other investments.</li>
</ul>
<h3 class="wp-block-heading">AMREP</h3>
<ul>
<li>The Trade: AMREP Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXR#NYSE">AXR</a>) 10% owner Rainey E. Lancaster <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 10,000 shares</a> at an average price of $25.60. To acquire these shares, it cost around $256,000.</li>
<li>What's Happening: On July 23, AMREP reported a decline in FY24 EPS.</li>
<li>What AMREP Does: Amrep Corp through its subsidiaries is engaged in the Real estate business. Its activities include land sales and lease activities, which involve obtaining approvals and selling both developed and undeveloped lots to homebuilders, commercial users, and others, as well as investments in commercial and investment properties.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/08/40142776/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Materials Stocks Delivering High-Dividend Yields</a></li>
</ul>

Long Ideas

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

Insiders Buying LTC Properties And 2 Other Stocks

AEIS

PDFS

Shares of semiconductor stocks are trading lower in sympathy with Intel, which reported worse-than-expected Q2 financial results and issued soft guidance.

ACMR

CEVA

CRUS

ICHR

WISA

Shares of chip stocks are trading lower amid overall market weakness. Recent earnings from large names in the sector may also be weighing on the sector.

U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Monday.
Shares of ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) rose sharply during Monday's session after the company reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/07/40010835/on-semiconductor-q2-earnings-revenue-and-eps-beat-ceo-highlights-automotive-gains-strong-q3-outlook">second quarter financial results</a>.
ON Semiconductor reported a fiscal second-quarter 2024 revenue decline of 17.2% year-on-year to $1.74 billion, beating the analyst consensus estimate of $1.73 billion. The adjusted EPS of 96 cents beat the analyst consensus estimate of 92 cents per share, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
ON Semiconductor said it expects third-quarter adjusted revenue of $1.70 billion – $1.80 billion, versus the consensus of $1.73 billion. The company sees adjusted EPS of 91 cents to $1.03 versus the consensus of 92 cents.
ON Semiconductor shares jumped 13.7% to $79.76 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>NIP Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIPG#NASDAQ">NIPG</a>) shares jumped 34.4% to $12.25.</li>
<li>Meta Data Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIU#NYSE">AIU</a>) shares gained 23.5% to $2.9860.</li>
<li>Oil States International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OIS#NYSE">OIS</a>) shares jumped 18.8% to $5.63 after the company reported better-than-expected second-quarter financial results.</li>
<li>CommScope Holding Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COMM#NASDAQ">COMM</a>) gained 17.2% to $2.25 after reporting preliminary second quarter results.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) rose 16.1% to $15.35.</li>
<li>Koninklijke Philips N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>) climbed 13.1% to $29.14 after the company reported better-than-expected second quarter earnings.</li>
<li>The Shyft Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHYF#NASDAQ">SHYF</a>) gained 11.2% to $15.33. DA Davidson analyst Michael Shlisky upgraded Shyft Group from Neutral to Buy and raised the price target from $12 to $18.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) gained 8.5% to $18.48. ZIM Integrated Shipping Services will release its second quarter financial results on Monday, Aug. 19.</li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) jumped 8.1% to $17.09.</li>
<li>Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) gained 6.6% to $19.06.</li>
<li>Castle Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSTL#NASDAQ">CSTL</a>) gained 6.4% to $22.40.</li>
<li>DexCom, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>) rose 6% to $67.97.</li>
<li>MaxLinear, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NYSE">MXL</a>) jumped 5.7% to $13.51.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 5.6% to $232.15. Morgan Stanley analyst Adam Jonas reiterated Tesla with an Overweight and maintained a $310 price target.</li>
<li>Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) gained 4.5% to $27.65. On July 18, Morgan Stanley downgraded the stock from Equal-Weight to Underweight and lowered its price target from $24 to $18.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/40011827/more-than-4m-bet-on-appian-check-out-these-3-stocks-insiders-are-buying">More Than $4M Bet On Appian? Check Out These 3 Stocks Insiders Are Buying</a></li>
</ul>

Intraday Update

COMM

CSTL

DXCM

NIPG

OSCR

SERV

SHYF

TSLA

ON Semiconductor Posts Upbeat Earnings, Joins Oil States International, CommScope Holding And Other Big Stocks Moving Higher On Monday

Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares are soaring Wednesday following<a href="https://www.benzinga.com/pressreleases/24/07/ac39803522/aehr-test-systems-reports-fiscal-2024-fourth-quarter-and-full-year-financial-results-and-provides"> robust fiscal Q4 2024 results and optimistic FY25 guidance. </a>
What Happened: The semiconductor test equipment supplier <a href="https://www.benzinga.com/pressreleases/24/07/ac39803522/aehr-test-systems-reports-fiscal-2024-fourth-quarter-and-full-year-financial-results-and-provides">reported fourth-quarter net revenue</a> of $16.6 million, beating estimates of $15.44 million. Non-GAAP net income of $0.84 per share, beating the consensus estimate of $0.10.
For the fiscal year, Aehr achieved a record net revenue of $66.2 million. 
Looking ahead, Aehr projects fiscal year 2025 revenue of at $70 million, surpassing the $65.1 million consensus estimate.
What Else: CEO Gayn Erickson also highlighted the role of silicon carbide power semiconductors in the company's success, driven by demand in the electric vehicle (EV) market. <a href="https://www.benzinga.com/pressreleases/24/07/ac39803528/aehr-receives-12-7-million-in-orders-for-fox-waferpak-tm-full-wafer-contactors-to-support-product">Aehr received $12.7 million in orders</a> for its FOX WaferPak full wafer Contactors, reinforcing its strong position in the silicon carbide market. The company also announced the acquisition of Incal Technology, <a href="https://www.benzinga.com/pressreleases/24/07/ac39803576/aehr-test-systems-to-acquire-incal-technology-expanding-its-addressable-market-within-the-rapidly">expanding its reach into the AI semiconductor market.</a>
AEHR Price Action: Aehr Test systems shares were up by 23.7% at $20.84 according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="541" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17142116/AEHR-1024x541.png" alt="" class="wp-image-441493" style="width:479px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17142116/AEHR-1024x541.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17142116/AEHR-300x159.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17142116/AEHR-768x406.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17142116/AEHR.png 1069w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39822984/whats-in-store-for-microsoft-in-q4-analyst-sees-azure-strength-double-digit-revenue">What&#8217;s In Store For Microsoft In Q4? Analyst Sees Azure Strength, Double-Digit Revenue Growth Outlook</a></li>
</ul>
Photo Courtesy: buffaloboy on Shutterstock.

Why Are Aehr Test Systems Shares Surging Wednesday?

U.S. stocks traded mixed toward the end of trading, with the S&amp;P 500 falling over 1% on Wednesday.
The Dow traded up 0.53% to 41,173.41 while the NASDAQ fell 2.51% to 18,044.33. The S&amp;P 500 also fell, dropping, 1.24% to 5,597.06.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39814195/amazon-to-rally-around-9-here-are-10-top-analyst-forecasts-for-wednesday">Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday</a>
Leading and Lagging Sectors Consumer staples shares jumped by 1.4% on Wednesday.
In trading on Wednesday, information technology shares fell by 3.6%.
Top Headline
Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) reported better-than-expected second-quarter results on Wednesday.
The company posted quarterly net interest income of $4.405 billion, beating the consensus of $4.287 billion. The company reported EPS of $1.55, above the consensus of $1.36.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Aditxt, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) shares shot up 36% to $2.17. Aditxt and Evofem amended merger agreement.</li>
<li>Shares of Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) got a boost, surging 25% to $21.09 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</li>
<li>Shimmick Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) shares were also up, gaining 47% to $2.96 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.</li>
</ul>
Equities Trading DOWN
<ul>
<li>ASLAN Pharmaceuticals Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASLN#NASDAQ">ASLN</a>) shares dropped 41% to $0.6611 after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation.</li>
<li>Shares of Cassava Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) were down 29% to $9.61 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.</li>
<li>Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) was down, falling 22% to $79.31 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a>
Commodities In commodity news, oil traded up 2.5% to $82.75 while gold traded down 0.3% at $2,461.00.
Silver traded down 3.4% to $30.39 on Wednesday, while copper fell 0.9% to $4.4105.
Euro zone
European shares closed mixed today. The eurozone's STOXX 600 fell 0.48%, Germany's DAX fell 0.44% and France's CAC 40 fell 0.12%. Spain's IBEX 35 Index rose 0.13%, while London's FTSE 100 rose 0.28%.
Annual inflation rate in the Eurozone eased to 2.5% in June from 2.6% in May. French current account deficit shrank to EUR 3.1 billion in May versus a revised EUR 3.5 billion in the prior month.
U.K. producer prices increased 1.4% year-over-year in June following a 1.7% rise in the prior month, while annual inflation rate came in steady at 2% in June.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 falling 0.43%, Hong Kong's Hang Seng Index gaining 0.06% and China's Shanghai Composite Index falling 0.45%.
Singapore&#8217;s non-oil domestic exports fell by 8.7% year-over-year in June following a revised 0.7% decline in May.
Economics
<ul>
<li>U.S. mortgage applications climbed by 3.9% during the third week of July.</li>
<li>U.S. housing starts increased by 3% from the prior month to an annualized rate of 1,314,000 in June compared to a revised 4.6% fall a month ago.</li>
<li>Building permits in the U.S. climbed by 3.4% to an annual rate of 1.446 million in June.</li>
<li>Industrial production in the U.S. climbed 0.6% from a month ago in June compared to market estimates of a 0.3% gain.</li>
<li>U.S. crude oil inventories declined by 4.87 million barrels in the week ended July 12, falling for the third consecutive week, the EIA said.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/07/39813621/how-to-earn-500-a-month-from-dominos-stock-ahead-of-q2-earnings-report">How To Earn $500 A Month From Domino&#8217;s Stock Ahead Of Q2 Earnings Report</a>

Eurozone

Commodities

ADTX

ASLN

FIVE

SAVA

SHIM

Dow Jumps 200 Points; Synchrony Financial Posts Upbeat Earnings

Shares of ASLAN Pharmaceuticals Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASLN#NASDAQ">ASLN</a>) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for <a href="https://www.benzinga.com/quote/ASLN/news">voluntary liquidation</a>.
ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Aptevo Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APVO#NASDAQ">APVO</a>) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering.</li>
<li>Shimmick Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.</li>
<li>Aditxt, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) shares climbed 45.3% to $2.3107. Aditxt and Evofem amended merger agreement.</li>
<li>Locafy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCFY#NASDAQ">LCFY</a>) gained 31.2% to $7.15.</li>
<li>Autonomix Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMIX#NASDAQ">AMIX</a>) jumped 27.2% to $1.3505.</li>
<li>Alpha Teknova, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKNO#NASDAQ">TKNO</a>) gained 18% to $1.60. Alpha Teknova 10% owner Telegraph Hill Partners Management Company, LLC bought a total of 12,096,773 shares at an average price of $1.24.</li>
<li>Asset Entities Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares climbed 17% to $1.8350.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) gained 17% to $1.0650</li>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) gained 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</li>
<li>Allarity Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLR#NASDAQ">ALLR</a>) rose 14.5% to $0.2330. Allarity Therapeutics, last month, announced that it received notice from the NASDAQ Stock Market that it was granted a hearing.</li>
<li>ClearSign Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLIR#NASDAQ">CLIR</a>) gained 14.4% to $0.9499 as the company received initial order from Birwelco.</li>
<li>The Honest Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) gained 14% to $4.0350.</li>
<li>GLOBALFOUNDRIES Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) climbed 12.7% to $61.36.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) rose 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.</li>
<li>fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) climbed 9.1% to $1.5610</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) gained 8.4% to $54.92 following a report suggesting the company is exploring a sale.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) rose 8% to $16.27 after the company announced a strategic partnership with CoreWeave.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) gained 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Cassava Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) fell 29.8% to $9.51 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.</li>
<li>4D Molecular Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FDMT#NASDAQ">FDMT</a>) declined 20.9% to $21.16. 4DMT announced Phase 2 PRISM interim results for intravitreal 4D-150 in a broad wet AMD population affirming favorable safety profile and robust clinical activity.</li>
<li>Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) shares dipped 19.7% to $81.93 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.</li>
<li>Sonim Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONM#NASDAQ">SONM</a>) fell 18.2% to $0.4138.</li>
<li>Adverum Biotechnologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADVM#NASDAQ">ADVM</a>) dipped 16.3% to $7.46. Adverum Biotechnologies revealed 26-week interim analysis results of Ixo-vec from LUNA Phase 2 trial at 2024 ASRS Annual Meeting.</li>
<li>Structure Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPCR#NASDAQ">GPCR</a>) fell 16.2% to $37.44.</li>
<li>Cyclerion Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYCN#NASDAQ">CYCN</a>) fell 13.7% to $2.50.</li>
<li>Scinai Immunotherapeutics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCNI#NASDAQ">SCNI</a>) dipped 11.8% to $4.68.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) fell 11.7% to $1.8974.</li>
<li>Viking Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) dipped 10.8% to $50.89.</li>
<li>Onto Innovation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) fell 10% to $214.17. Onto Innovation announced Dr. Stephen Schwartz has joined its board of directors.</li>
<li>ASML Holding N.V.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) shares declined 9.8% to $963.01. ASML reported better-than-expected second-quarter earnings, driven by robust sales in China and a surge in new bookings.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) fell 9.5% to $4.46.</li>
<li>Nova Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVMI#NASDAQ">NVMI</a>) declined 9.2% to $219.39.</li>
<li>Eightco Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCTO#NASDAQ">OCTO</a>) shares fell 9% to $0.48. Eightco Holdings recently said first-quarter revenue fell to $9.6 million from $15.9 million in the year-ago period.</li>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) dipped 8.8% to $30.87.</li>
<li>Siebert Financial Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIEB#NASDAQ">SIEB</a>) fell 8.5% to $1.7381 after gaining over 9% on Tuesday.</li>
<li>Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) shares declined 8.4% to $2.8950 as the company issued soft second-quarter preliminary revenue estimates. The company estimated total revenue for the second quarter of 2024 to be approximately $1.28 billion, lower than previously expected primarily due to lower-than-expected non-ticket revenue.</li>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares fell 8.1% to $1.3890 after jumping 41% on Tuesday.</li>
<li>Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) dipped 8% to $163.01.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) fell 7.4% to $33.66.</li>
<li>NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) fell 7.3% to $4.32.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) declined 7.1% to $175.56.</li>
<li>Safe and Green Development Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGD#NASDAQ">SGD</a>) shares dipped 7.1% to $0.38.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) fell 7% to $163.74 after the company reported worse-than-expected second-quarter financial results.</li>
<li>QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) fell 6.5% to $195.94 after HSBC downgraded the stock from Buy to Hold.</li>
<li>Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) fell 6.3% to $15.11 after Donald Trump made comments in support of TikTok.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 5.2% to $119.82. Shares of semiconductor stocks traded lower amid reports Biden is considering further China restrictions.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a></li>
</ul>

ADVM

ALLR

AMIX

APVO

ASST

CLIR

CYCN

FDMT

FUBO

GPCR

GTLB

HNST

JBHT

LAZR

LCFY

NAAS

OCTO

SAVE

SCNI

SIEB

SNAP

SONM

TKNO

VKTX

VRPX

Why ASLAN Pharmaceuticals Shares Are Trading Lower By Over 38%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 200 points on Wednesday.
The Dow traded up 0.50% to 41,160.40 while the NASDAQ fell 2.46% to 18,053.81. The S&amp;P 500 also fell, dropping, 1.15% to 5,601.75.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39814195/amazon-to-rally-around-9-here-are-10-top-analyst-forecasts-for-wednesday">Amazon To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday</a>
Leading and Lagging Sectors Real estate shares jumped by 1% on Wednesday.
In trading on Wednesday, information technology shares fell by 3.2%.
Top Headline
U.S. crude oil inventories declined by 4.87 million barrels in the week ended July 12, falling for the third consecutive week, the EIA said.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Aditxt, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) shares shot up 28% to $2.04. Aditxt and Evofem amended merger agreement.</li>
<li>Shares of Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) got a boost, surging 24% to $20.90 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</li>
<li>Shimmick Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIM#NASDAQ">SHIM</a>) shares were also up, gaining 58% to $2.04 after the company received a $27.6 million subcontract for the Sunol Valley Water Treatment Plant Ozonation Project.</li>
</ul>
Equities Trading DOWN
<ul>
<li>ASLAN Pharmaceuticals Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASLN#NASDAQ">ASLN</a>) shares dropped 42% to $0.6339 after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation.</li>
<li>Shares of Cassava Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) were down 29% to $9.64 after announcing changes in executive leadership. The company named Rick Barry as Executive Chairman and Principal Executive Office and said Remi Barbier resigned as President, CEO, and Board Member.</li>
<li>Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) was down, falling 21% to $80.80 after the company announced a CEO transition. Additionally, comparable sales decreased in the 10-week period ended July 13.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a>
Commodities In commodity news, oil traded up 2.2% to $82.56 while gold traded up 0.1% at $2,469.20.
Silver traded down 2.7% to $30.625 on Wednesday, while copper fell 0.9% to $4.4090.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 fell 0.44%, Germany's DAX fell 0.36% and France's CAC 40 rose 0.02%. Spain's IBEX 35 Index rose 0.20%, while London's FTSE 100 rose 0.33%.
Annual inflation rate in the Eurozone eased to 2.5% in June from 2.6% in May. French current account deficit shrank to EUR 3.1 billion in May versus a revised EUR 3.5 billion in the prior month.
U.K. producer prices increased 1.4% year-over-year in June following a 1.7% rise in the prior month, while annual inflation rate came in steady at 2% in June.
Asia Pacific Markets
Asian markets closed mixed on Wednesday, with Japan's Nikkei 225 falling 0.43%, Hong Kong's Hang Seng Index gaining 0.06% and China's Shanghai Composite Index falling 0.45%.
Singapore&#8217;s non-oil domestic exports fell by 8.7% year-over-year in June following a revised 0.7% decline in May.
Economics
<ul>
<li>U.S. mortgage applications climbed by 3.9% during the third week of July.</li>
<li>U.S. housing starts increased by 3% from the prior month to an annualized rate of 1,314,000 in June compared to a revised 4.6% fall a month ago.</li>
<li>Building permits in the U.S. climbed by 3.4% to an annual rate of 1.446 million in June.</li>
<li>Industrial production in the U.S. climbed 0.6% from a month ago in June compared to market estimates of a 0.3% gain.</li>
<li>U.S. crude oil inventories declined by 4.87 million barrels in the week ended July 12, falling for the third consecutive week, the EIA said.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/07/39813621/how-to-earn-500-a-month-from-dominos-stock-ahead-of-q2-earnings-report">How To Earn $500 A Month From Domino&#8217;s Stock Ahead Of Q2 Earnings Report</a>

Crude Oil Rises 2%; Five Below Shares Plunge

U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Wednesday.
Shares of U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) shares rose during Wednesday's session following a <a href="https://www.benzinga.com/news/earnings/24/07/39813946/us-bancorp-q2-earnings-net-interest-income-dips-but-fee-income-grows">second-quarter earnings beat</a>.
Revenue stood at $6.867 billion (-4.3% Y/Y), beating the consensus of $6.795 billion. Adjusted earnings per share totaled 98 cents, beating the consensus of 94 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
U.S. Bancorp shares gained 4.7% to $45.34 on Wednesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares jumped 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</li>
<li>The Honest Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) shares rose 14% to $4.0350.</li>
<li>GLOBALFOUNDRIES Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) surged 12.7% to $61.36.</li>
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) rose 11.1% to $11.11.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) gained 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.</li>
<li>fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) gained 9.1% to $1.5610</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) shares climbed 8.4% to $54.92 following a report suggesting the company is exploring a sale.</li>
<li>SunCar Technology Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) rose 8.2% to $9.14.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) gained 8% to $16.27 after the company announced a strategic partnership with CoreWeave.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) rose 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.</li>
<li>Nicolet Bankshares, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIC#NYSE">NIC</a>) surged 7.4% to $100.14 following upbeat quarterly earnings.</li>
<li>Cal-Maine Foods, Inc. (NASDAQ: CALM) shares rose 5.6% to $67.93. Cal-Maine Foods is scheduled to release its fourth quarter and fiscal 2024 financial results on Tuesday, July 23.</li>
<li>UTime Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) gained 5.5% to $1.0262.</li>
<li>Hancock Whitney Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>) rose 5.3% to $56.51 following upbeat second-quarter results.</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) gained 5.2% to $43.40.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a></li>
</ul>

CALM

Market Index Target Term Securities Linked To The Dow Jones Industrial Average

SDST

US Bancorp Posts Upbeat Earnings, Joins Aehr Test Systems, Hancock Whitney And Other Big Stocks Moving Higher On Wednesday

AEHR: 18% &#x7C; <a href="https://www.benzinga.com//node/39812841">Aehr Test Systems shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</a>
&nbsp;
LGVN: 38% &#x7C; <a href="https://www.benzinga.com//node/39813332">Longeveron shares are trading higher after the company announced that the FDA granted Fast Track designation to Lomecel-B for the treatment of mild Alzheimer's Disease.</a>
&nbsp;
GTLB: 16% &#x7C; <a href="https://www.benzinga.com//node/39811854">GitLab shares are trading higher following a report suggesting the company is exploring a sale.</a>

LGVN

Market-Moving News for July 17th

Aehr Test Systems shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.

Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/07/ac39803522/aehr-test-systems-reports-fiscal-2024-fourth-quarter-and-full-year-financial-results-and-provides">key figures from the report. </a>
The Details: Aehr reported quarterly earnings of 84 cents per share which beat the analyst consensus estimate of 10 cents by 740%.
Quarterly sales came in at $16.6 million, which beat the analyst consensus estimate of $15.442 million by 7.5%. Bookings were $4 million for the quarter and backlog as of May 31, 2024, was $7.3 million. Effective backlog, which includes all orders received since the end of the fourth quarter, is $20.8 million.
&#8220;Our full-year revenue and net income results exceeded our previously provided guidance and surpassed analyst consensus. Although we saw customer pushouts of silicon carbide devices due to slower electric vehicle (EV) demand in the second half of our fiscal year, we achieved another record year for annual revenue for Aehr,&#8221; said Gayn Erickson, president and CEO of Aehr Test Systems.
Read Next: <a href="https://www.benzinga.com/news/24/07/39777940/whats-going-on-with-upstart-stock">What&#8217;s Going On With Upstart Stock?</a>
Aehr also announced it has entered into a <a href="https://www.benzinga.com/pressreleases/24/07/ac39803576/aehr-test-systems-to-acquire-incal-technology-expanding-its-addressable-market-within-the-rapidly">stock purchase agreement</a> to acquire all of the outstanding capital stock of Incal Technology, Inc., a California-based, privately held manufacturer of packaged part reliability/burn-in test solutions used by a significant number of leading artificial intelligence (AI) semiconductor manufacturers.
Additionally, Aehr said <a href="https://www.benzinga.com/pressreleases/24/07/ac39803528/aehr-receives-12-7-million-in-orders-for-fox-waferpak-tm-full-wafer-contactors-to-support-product">it has received</a> $12.7 million in orders from one of its silicon carbide test and burn-in customers for multiple sets of WaferPak full wafer contactors to be used for production needs for wafer level burn-in and screening of silicon carbide power semiconductors for the electric vehicle market.
Outlook: Aehr Test Systems sees fiscal year 2025 revenue of $70 million versus the $65.106 million consensus estimate.
AEHR Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Aehr Test Systems shares are up 14.01% after-hours at $19.20 at the time of publication Tuesday.
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39776035/solar-stocks-tumble-following-failed-assassination-of-trump-whats-going-on">Solar Stocks Tumble Following Failed Assassination Of Trump: What&#8217;s Going On?</a></li>
</ul>
Photo: André Santana from Pixabay

After-Hours Center

Aehr Test System Shares Climb On Strong Q2 Results, Forward Guidance, Acquisition, Order Announcements

Biggest stock movers today: Semiconductor stocks, GTLB, SAVE, and more

In a report released today, Christian Schwab from Craig-Hallum upgraded Aehr Test Systems (AEHR – Research Report) to a Buy, with a price target of...

Aehr Test Systems: Buy Rating Affirmed Amid Diversified Growth and Strategic Acquisition

Aehr Test Systems: Good Numbers But The Future Growth Is Uncertain (Rating Downgrade)

Aehr Test Systems: Upgrading On Derisked Outlook And Improved Investor Sentiment

Aehr Test Systems: At Better Odds To Exit FY25 Better Than It Entered It

Aehr Test Systems ( ($AEHR) ) has shared an announcement. Aehr Test System has struck new severance agreements with top executives, including Presi...

Aehr Test Systems Enhances Executive Severance Agreements

Aehr Test Systems: A Buy On EV Stabilization And Diversification

Earnings week ahead: JPMorgan, Wells Fargo, PepsiCo, Delta Air Lines, and more

This week, several major companies will be reporting earnings. Among them are JPMorgan Chase & Co. (JPM), Delta Air Lines (DAL), PepsiCo (PEP), Wel...

Options Volatility and Implied Earnings Moves This Week, October 07 – October 11, 2024

Comments

Aehr Test System

Noticias

Últimas noticias sobre Aehr Test System (NASDAQ:AEHR) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL