| AEHR TEST SYSTEMS | |||||||||||||
| RECONCILIATION OF GAAP TO NON-GAAP RESULTS | |||||||||||||
| (Unaudited) | |||||||||||||
| Three Months Ended | |||||||||||||
| August 31, | May 31, | August 31, | |||||||||||
| (in thousands, except per share data) | 2023 | 2023 | 2022 | ||||||||||
| Reconciliation of GAAP to non-GAAP gross profit | |||||||||||||
| GAAP gross profit | $ | 9,981 | $ | 11,479 | $ | 4,481 | |||||||
| Special items: | |||||||||||||
| a) Stock-based compensation expense | 63 | 80 | 91 | ||||||||||
| Non-GAAP gross profit | $ | 10,044 | $ | 11,559 | $ | 4,572 | |||||||
| Reconciliation of GAAP to non-GAAP operating expenses | |||||||||||||
| GAAP operating expenses | $ | 5,866 | $ | 5,840 | $ | 4,023 | |||||||
| Special items: | |||||||||||||
| a) Stock-based compensation expense | (459 | ) | (574 | ) | (619 | ) | |||||||
| Non-GAAP operating expenses | $ | 5,407 | $ | 5,266 | $ | 3,404 | |||||||
| Reconciliation of GAAP to non-GAAP income from operations | |||||||||||||
| GAAP income from operations | $ | 4,115 | $ | 5,639 | $ | 458 | |||||||
| Special items: | |||||||||||||
| a) Stock-based compensation expense | 522 | 654 | 710 | ||||||||||
| Non-GAAP income from operations | $ | 4,637 | $ | 6,293 | $ | 1,168 | |||||||
| Reconciliation of GAAP to non-GAAP income before taxes | |||||||||||||
| GAAP income before taxes | $ | 4,690 | $ | 6,122 | $ | 603 | |||||||
| Special items: | |||||||||||||
| a) Stock-based compensation expense | 522 | 654 | 710 | ||||||||||
| Non-GAAP income before taxes | $ | 5,212 | $ | 6,776 | $ | 1,313 | |||||||
| Reconciliation of GAAP to non-GAAP net income | |||||||||||||
| GAAP net income | $ | 4,674 | $ | 6,111 | $ | 589 | |||||||
| Special items: | |||||||||||||
| a) Stock-based compensation expense | 522 | 654 | 710 | ||||||||||
| Non-GAAP net income | $ | 5,196 | $ | 6,765 | $ | 1,299 | |||||||
| GAAP income diluted per share | $ | 0.16 | $ | 0.21 | $ | 0.02 | |||||||
| Non-GAAP income diluted per share | $ | 0.18 | $ | 0.23 | $ | 0.05 | |||||||
Aehr Reports Continued Strong Revenue and Earnings for the First Quarter of Fiscal 2024 on Strength of Production Wafer Level Burn-in Products for Silicon Carbide Semiconductors
 |  | More IC News
|
|
RELATED NEWS
