Aehr Test Systems (NASDAQ:AEHR) Q1 2023 Earnings Conference Call October 6, 2022 5:00 PM ET

Company Participants

Todd Kehrli - President, MKR Group

Gayn Erickson - President and CEO

Ken Spink - Chief Financial Officer

Conference Call Participants

Christian Schwab - Craig-Hallum Capital Group

Bradford Ferguson - Halter Ferguson Financial Group

Gregory Ratliff - Nobis Partners

Matthew Winthrop - Equitable

Larry Chlebina - Chlebina Capital

Operator

Hello, and welcome to the Aehr Test Systems Fiscal 2023 First Quarter Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Todd Kehrli of MKR Investor Relations. Please go ahead.

Todd Kehrli

Thank you, operator. Good afternoon, and welcome to Aehr Test Systems first quarter fiscal 2023 financial results conference call. With me on today’s call are Aehr Test’s President and Chief Executive Officer, Gayn Erickson; and Chief Financial Officer, Ken Spink.

Before I turn the call over to you Gayn and Ken, I’d like to cover a few quick items. This afternoon Aehr Test issued a press release announcing its first quarter financial results. That release is available on the company’s website at aehr.com. This call is being broadcast live over the internet for all interested parties and the webcast will be archived on the Investor Relations page of the company’s website.

I’d like to remind everyone that on today’s call management will be making forward-looking statements that are based on current information and estimates, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.

These forward-looking statements which may cause the results to differ materially from those in the forward-looking statements are discussed in the company’s most recent periodic and current reports filed with the SEC. These forward-looking statements, including the guidance provided today are only valid as of this date and Aehr Test undertakes no obligation to update the forward-looking statements.

Now I’d like to turn the call over to Gayn Erickson, President and Chief Executive Officer of Aehr Test. Gayn?

Gayn Erickson

Thanks, Todd. Good afternoon, everyone. Thank you too for joining us on the first quarter conference call. Let’s start with a quick summary of the highlights of the quarter and momentum we’re experiencing in semiconductor wafer level test and burn-in market and then Ken will go over the financials in detail. After that we’ll open up the lines to take your questions.