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Jun 30, 2021
Advanced Energy Q2 2021 Earnings Report
Announced second quarter 2021 results, demonstrating year-over-year revenue and earnings growth.
Key Takeaways
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.
Q2 revenue was $361 million, meeting the guidance midpoint and up 6% from last year
GAAP EPS from continuing operations was $0.92
Non-GAAP EPS was $1.25, at midpoint of guidance and above year-ago EPS of $1.18
Share repurchase authorization increased to $200 million
Revenue by Segment
Forward Guidance
The company provided guidance for Q3 2021 with revenues expected to be $340M +/- $15M, GAAP EPS from continuing operations of $0.52 +/- $0.20, and Non-GAAP EPS of $0.80 +/- $0.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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