Advanced Energy Industries Q2 Earnings Beat Estimates, Revenues Up Y/Y
AEIS' Q2 End Market in Detail Semiconductor Equipment revenues (47.5% of total revenues) increased 11.3% year over year to $209.5 million. The figure topped the Zacks Consensus Estimate by 0.96%. Sequentially, segment revenues fell 5.7%. Industrial & Medical revenues (15.5% of the total revenues) fell 13.3% year over year to $68.6 million and lagged the Zacks Consensus Estimate by 18.6%. Sequentially, segment revenues increased 6.7%. Key Takeaways Advanced Energy Industries (AEIS) reported second-quarter 20 ...