It has been about a month since the last earnings report for Advanced Energy Industries (AEIS) . Shares have lost about 8.4% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Advanced Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Advanced Energy Q2 Earnings ...

Have you evaluated the performance of Advanced Energy Industries' (AEIS) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this maker of power-conversion products, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its fi ...

pixelparticle/iStock via Getty Images When I last wrote about Advanced Energy Industries (NASDAQ:AEIS), I said that I expected Q1'24 to be the low point of the cycle for this supplier of power conversion and control systems, and that still appears to be the case. That said, key segments like Industrial are still seeing destocking and the rebound in semiconductor demand likely won't really hit until 2025. That leaves AEIS in something of a gray area as the business crawls along in the near term, but still of ...

Advanced Energy Industries (AEIS) reported non-GAAP earnings of 85 cents per share in second-quarter 2024, beating the Zacks Consensus Estimate by 23.19%. The bottom line declined 23.4% on a year-over-year basis.Revenues of $365 million beat the Zacks Consensus Estimate by 5.74% but declined 12.1% year over year, primarily due to the weakness across non-semi markets.End Market in DetailSemiconductor Equipment: Revenues (51.6% of total revenues) generated from the market rose 9% year over year to $188 millio ...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Edwin Mok - Vice President of Strategic Marketing and Investor Relations Steve Kelley - President and Chief Executive Officer Paul Oldham - Chief Financial Officer Conference Call Participants Joe Quatrochi - Wells Fargo Securities, LLC James Ricchiuti - Needham & Company, LLC Krish Sankar - TD Cowen Steve Barger - KeyBanc Capital Markets Mehdi Hosseini - Susquehanna International Gr ...

For the quarter ended June 2024, Advanced Energy Industries (AEIS) reported revenue of $364.95 million, down 12.2% over the same period last year. EPS came in at $0.85, compared to $1.11 in the year-ago quarter.The reported revenue represents a surprise of +5.74% over the Zacks Consensus Estimate of $345.14 million. With the consensus EPS estimate being $0.69, the EPS surprise was +23.19%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Advanced Energy Industries (AEIS) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.19%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of $0.71 per share when it actually produced earnings of $0.58, delivering a surprise of -18.31%.Ov ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-26966 ADVANCED ENERGY INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 84-0846841 (State ...

Exhibit 99.1 Financial News Release Advanced Energy Reports Second Quarter 2024 Results ● Revenue was $364.9 million, at the higher end of guidance ● GAAP EPS from continuing operations was $0.41, above the mid-point of guidance ● Non-GAAP EPS was $0.85, above the mid-point of guidance DENVER, Colo., July 30, 2024 - Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced financial results for the s ...

Advanced Energy (AEIS) recently announced a possible cash offer of £19.50 per share to acquire the entire issued and to be issued shares of XP Power Limited to bolster its position in the precision power industry.The offer follows three previous all-cash proposals to XP Power’s board, progressively increasing from £17.00 on Oct 24, 2023, to £18.5 on Nov 5, 2023, and finally to £19.50 on May 7, 2024, valuing XP Power's equity at £468 million.The offer represents a 68% premium to XP Power's closing price as o ...