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Mar 31, 2021
Advanced Energy Q1 2021 Earnings Report
Advanced Energy's Q1 2021 financial results reflected strong market demand and double-digit year-over-year revenue growth.
Key Takeaways
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.
Q1 revenue was $352 million, exceeding the guidance midpoint of $350 million.
GAAP EPS from continuing operations was $0.99.
Non-GAAP EPS was $1.29, surpassing the guidance midpoint of $1.25.
Q1 operating cash flow from continuing operations exceeded $54 million.
Advanced Energy
Advanced Energy
Advanced Energy Revenue by Segment
Advanced Energy Revenue by Geographic Location
Forward Guidance
For the second quarter of 2021, Advanced Energy expects revenues of $360 million +/- $15 million, GAAP EPS from continuing operations of $1.00 +/- $0.15, and Non-GAAP EPS of $1.25 +/- $0.15.
Revenue & Expenses
Visualization of income flow from segment revenue to net income