AEM has revised its revenue projection for 2HFY2024 ending December to between $190 million and $210 million, a slight improvement from its previous guidance of between $160 million and $180 million.
AEM Holdings has reduced its loss for its 3QF2024 even though revenue continued to drop.
According to the chip tester, it was able to reduce its losses to $917,000 from $1.52 million incurred in the year-earlier as it enjoyed a more favourable, better margin product mix. This despite a 6.5% y-o-y drop in revenue to $74.2 million.
