Chip tester AEM Holdings has reported earnings of $14.35 million for its 1QFY2026, a 329.4% y-o-y jump, on the back of a 35% increase in revenue to $116.9 million, as it fulfilled more orders from its key customers.
In anticipation of a better year, AEM has raised its GY2026 revenue guidance by around a fifth to $550 million to $600 million.
The company is eyeing a US$3 billion serviceable available market across its various customer categories and this amount is seen to swell to US$4.5 billion in 2028.
AEM CEO Samer Kabbani calls 1Q2026 the start of a multi-year earnings upcycle for the company - one that is "grounded in structural industry change rather than cyclical recovery."
AEM shares closed at $8.35 on May 13, up 10.74%.
