Have you evaluated the performance of Advanced Energy Industries' (AEIS) international operations for the quarter ending March 2024? Given the extensive global presence of this maker of power-conversion products, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth pa ...

Advanced Energy Industries (AEIS) reported non-GAAP earnings of 58 cents per share in first-quarter 2024, missing the Zacks Consensus Estimate by 18.31%. The bottom-line figure declined 53.2% on a year-over-year basis.Revenues of $327 million lagged the Zacks Consensus Estimate by 8.35% and declined 23% year over year, primarily due to the weakness across non-semi markets.End Market in DetailSemiconductor Equipment: Revenues (54.9% of total revenues) generated from the market fell 7.4% year over year to $17 ...

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Edwin Mok - Vice President, Strategic Marketing & Investor Relations Steve Kelley - President & Chief Executive Officer Paul Oldham - Executive Vice President & Chief Financial Officer Conference Call Participants Joe Quatrochi - Wells Fargo Steve Barger - KeyBanc Capital Markets Krish Sankar - TD Cowen James Ricchiuti - Needham & Co. Scott Graham - Seaport Research Mark Miller - Bench ...

Advanced Energy Industries (AEIS) reported $327.48 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 23%. EPS of $0.58 for the same period compares to $1.24 a year ago.The reported revenue represents a surprise of -8.35% over the Zacks Consensus Estimate of $357.3 million. With the consensus EPS estimate being $0.71, the EPS surprise was -18.31%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

Advanced Energy Industries (AEIS) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -18.31%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of $1.15 per share when it actually produced earnings of $1.24, delivering a surprise of 7.83%.Ove ...

Q1 2024 Earnings Presentation MAY 1, 2024 1 SAFE HARBOR The company’s guidance and other statements herein or made on the earnings conference call contain, in addition to historical information, forward-looking statements within the ...

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 March 31, 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 First Quarter 2024 Results ● Revenue was $327.5 million, below guidance ● GAAP EPS from continuing operations was $0.15, within the guidance range ● Non-GAAP EPS was $0.58, within the guidance range DENVER, Colo., May 1, 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 first quarter ended March 31, 2 ...

The global semiconductor industry is undergoing a remarkable transformation in 2024, fueled by advancements in AI chipsets, data center GPUs, chiplets and next-generation memories. This evolution is unlocking unprecedented possibilities across various sectors, from automotive and high-performance computing (HPC) to consumer electronics and healthcare.Sales data from the Semiconductor Industry Association reflects this trend, with semiconductor sales showing strong year-over-year growth of 16.3% and 15.2%, r ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Advanced Energy Industries, Inc. (AEIS) is a power electronics company. The Zacks Consensus Estimate for its current year earnings has been revised 8.2% downward over the last 60 days.American Resources Corporation (AREC) is a metallurgical coal mining company. The Zacks Consensus Estimate for its current year earnings has been revised 50% downward over the last 60 days.Anhui Conch Cement Company Limited (AHCHY) is a cement production ...