Core Insights - Advanced Energy Industries (AEIS) reported total revenue of $327.48 million for the quarter ending March 2024, reflecting a decrease of 23% compared to previous periods [2][5] - The company's international operations are crucial for understanding its financial strength and growth potential, given the interconnectedness of the global economy [1][6] Revenue Breakdown - Asia contributed 46.4% of total revenue, amounting to $151.94 million, which was a surprise increase of 2.56% compared to Wall Street's expectation of $148.15 million [3] - Revenue from Other countries was only $0.9 million, representing 0.3% of total revenue, which was a significant miss of 75.68% against the expected $3.7 million [3] - Europe generated $40.55 million, accounting for 12.4% of total revenue, which was a shortfall of 14.21% from the anticipated $47.27 million [4] Future Projections - Analysts project total revenue for the current fiscal quarter to reach $339.4 million, a decline of 18.3% year-over-year, with Asia expected to contribute 48.7% ($165.13 million) [5] - For the entire year, total revenue is forecasted at $1.52 billion, down 8.1% from the previous year, with Asia contributing 43.7% ($665.29 million) [5] Market Trends - The dependency on global markets presents both opportunities and risks for AEIS, making the monitoring of international revenue trends essential for predicting future performance [6] - The stock price of AEIS has appreciated by 1.1% over the past four weeks, contrasting with a 0.4% decline in the S&P 500 [8]

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 ...

Core Insights - Advanced Energy Industries (AEIS) reported a revenue of $327.48 million for Q1 2024, reflecting a year-over-year decline of 23% and an EPS of $0.58 compared to $1.24 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate by 8.35%, which was $357.3 million, while the EPS also missed the consensus estimate of $0.71 by 18.31% [1] Revenue Breakdown - Net Sales in Semiconductor Equipment reached $179.90 million, exceeding the average estimate of $166.67 million, but showing a year-over-year decline of 7.4% [2] - Net Sales in Industrial & Medical were reported at $83.42 million, significantly below the estimated $106.48 million, marking a 32.2% decrease year-over-year [2] - Net Sales in Data Center Computing totaled $41.90 million, under the average estimate of $48.33 million, representing a year-over-year decline of 29.8% [2] - Net Sales in Telecom & Networking were $22.25 million, falling short of the estimated $35.83 million, with a substantial year-over-year decrease of 53.8% [2] Stock Performance - Advanced Energy's shares have returned -2.4% over the past month, compared to a -4.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

分组1 - Advanced Energy Industries (AEIS) reported quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.71 per share, and down from $1.24 per share a year ago, representing an earnings surprise of -18.31% [1] - The company posted revenues of $327.48 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 8.35%, and down from $425.04 million year-over-year [1] - Over the last four quarters, Advanced Energy has surpassed consensus EPS estimates three times but has topped consensus revenue estimates only once [1] 分组2 - Advanced Energy shares have declined approximately 12% since the beginning of the year, contrasting with the S&P 500's gain of 5.6% [2] - The current consensus EPS estimate for the upcoming quarter is $0.80 on revenues of $381.23 million, and for the current fiscal year, it is $3.58 on revenues of $1.57 billion [4] - The Semiconductor Equipment - Wafer Fabrication industry, to which Advanced Energy belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]

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 ...