AEHR guides FY27 revenue $130M-$150M on AI, photonics

Aehr Test Systems (AEHR) set a fiscal 2027 revenue target of $130 million to $150 million during its fiscal fourth-quarter earnings call, citing a record effective backlog of roughly $100.6 million. Management attributed the strong demand to AI-related testing and silicon photonics applications.

The effective backlog includes both contracted and expected orders. The company said it sees continued momentum from AI chip manufacturers and photonics device producers.

Gross margin guidance was not formally issued. The company expects improvement from volume-driven efficiencies. Risks highlighted include potential supply chain constraints and the concentration of revenue among a small number of customers.

The fiscal 2027 outlook represents a significant step-up from the current year's expected revenue, which the company has not yet reported. Aehr also noted that its product portfolio is expanding beyond traditional wafer-level burn-in to include test-in-wafer and die-level test solutions.