Advanced Energy Earnings Reports

Advanced Energy reported Q4 2024 revenue growth driven by strong demand in semiconductor and data center markets, surpassing guidance. Operating income and net income saw significant improvements compared to Q3 and the prior year.

Advanced Energy reported Q2 2024 results with revenue at $364.9 million, GAAP EPS at $0.41, and non-GAAP EPS at $0.85. The company continues to work with customers to incorporate AE's technologies and execute its manufacturing consolidation plan.

Advanced Energy reported third quarter results with revenue of $410 million, GAAP EPS of $0.89, and non-GAAP EPS of $1.28. The company generated a record $72.7 million in cash flow from continuing operations.

Advanced Energy reported second quarter 2023 results with revenue of $415.5 million and GAAP EPS of $0.73. Non-GAAP EPS was $1.11. The Industrial and Medical market achieved record revenue, growing 22% year-over-year.

Advanced Energy reported Q1 2023 revenue of $425 million, a 7% increase year-over-year. GAAP EPS was $0.84, and Non-GAAP EPS was $1.24, exceeding the midpoint of guidance. The Industrial and Medical sector achieved record revenue, contributing significantly to the overall growth.

Advanced Energy Industries reported Q4 2022 revenue of $490.7 million and GAAP EPS of $1.20. Non-GAAP EPS was $1.70. The company's full year revenue was a record $1.85 billion.

Advanced Energy reported strong Q3 2022 results, with revenue and non-GAAP EPS exceeding the high end of guidance. Revenue in each end market grew greater than 40% year-over-year.

Advanced Energy reported record revenue of $440.9 million for Q2 2022, exceeding the high end of guidance. GAAP EPS was $1.19, and non-GAAP EPS was $1.44, also above the high end of guidance. The company increased its share repurchase authorization to $200 million.

Advanced Energy reported first-quarter revenue of $397.5 million, exceeding the high end of its guidance range. GAAP EPS was $0.98, and non-GAAP EPS was $1.24, also above the high end of guidance. Demand remains robust in all of the company's target markets, and the acquisition of SL Power Electronics is expected to improve its position in the medical and industrial markets.

Advanced Energy reported Q3 2021 revenue of $346.1 million, GAAP EPS of $0.55, and non-GAAP EPS of $0.89. The company generated $18.3 million in cash flow from continuing operations and repurchased $52.6 million of common stock.

Advanced Energy reported Q2 2021 revenue of $361.3 million, a 6% increase compared to the previous year. GAAP EPS was $0.92, while non-GAAP EPS was $1.25. The company also increased its share repurchase authorization to $200 million.

Advanced Energy reported Q1 2021 revenue of $351.6 million, GAAP EPS of $0.99, and non-GAAP EPS of $1.29. The company's operating cash flow from continuing operations exceeded $54 million.

Advanced Energy reported record revenue of $389.5 million, GAAP EPS of $1.18, and non-GAAP EPS of $1.66 for Q3 2020. The company's performance was driven by solid demand across market verticals and strong execution.

Advanced Energy reported record revenue of $339.9 million for Q2 2020, at the high end of their guidance range. GAAP EPS was $0.76 and Non-GAAP EPS was $1.18, exceeding guidance. The company highlighted operational excellence, market share gains, and benefits from the Artesyn integration as key factors.

Advanced Energy reported Q1 2020 revenue of $315.5 million, GAAP EPS of $0.48, and non-GAAP EPS of $0.91. The company generated $28.9 million in operating cash flow and repurchased approximately 170,000 shares for $7.2 million.