Aehr Test Systems posts strong Q3 momentum with $37M bookings.

Aehr Test Systems posts strong Q3 momentum with $37M bookings. The semiconductor testing equipment manufacturer is targeting the high end of its $45M-$50M FY2026 revenue guidance, driven by robust demand across multiple market segments. With an effective backlog reaching $50.9M and an impressive book-to-bill ratio exceeding 3.5x, the company demonstrates significant operational strength. This backlog-to-revenue conversion suggests sustained growth trajectory through fiscal 2026. The strong booking activity reflects healthy demand in the semiconductor testing space, a critical sector benefiting from AI infrastructure expansion and advanced chip production needs. Investors are watching whether Aehr can maintain this momentum and successfully convert its substantial backlog into revenue while managing production capacity.