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Advanced Energy Industries Q1 2024 Earnings Report

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$126.54 -3.72 (-2.86%)
As of 02/21/2025 04:00 PM Eastern

Advanced Energy Industries EPS Results

Actual EPS
$0.58
Consensus EPS
$0.67
Beat/Miss
Missed by -$0.09
One Year Ago EPS
$1.10

Advanced Energy Industries Revenue Results

Actual Revenue
$327.50 million
Expected Revenue
$351.74 million
Beat/Miss
Missed by -$24.24 million
YoY Revenue Growth
-22.90%

Advanced Energy Industries Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Advanced Energy Industries Earnings Headlines

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About Advanced Energy Industries

Advanced Energy Industries (NASDAQ:AEIS) provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition. It also provides high and low voltage power products used in a range of applications, such as semiconductor equipment, industrial production, medical and life science equipment, data centers computing, networking, and telecommunications. In addition, the company supplies sensing, controls, and instrumentation products for advanced measurement and calibration of power and temperature. Further, the company provides calibration, conversions, upgrades, and refurbishments and used equipment to companies, as well as repair services. Further, it offers warranty and after-market repair services. It offers its products through a direct sales force, independent sales representatives, channel partners, and distributors. Advanced Energy Industries, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

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