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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: Elroy who wrote (91613)2/4/2024 9:50:50 AM
From: Julius Wong2 Recommendations

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Aehr Test Systems (AEHR) Q2 2024 Earnings Call Transcript

Given the latest forecast from our customers and the uncertainty on the timing of their orders, we believe it makes sense to take a more conservative approach to our fiscal year forecast and have reduced our growth estimates for fiscal 2024 revenue. We're reducing our revenue expectations of at least $100 million this fiscal year by 15% to 25% to a range of $75 million to $85 million in revenue. This is still a growth rate of 15% to 30% year-over-year. Despite this uncertainty in timing of orders, we remain confident about the future demand of our unique semiconductor test solutions in the markets we address. We have not reduced our revenue -- our growth expectations for the years ahead, where we continue to see tremendous opportunity.

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