Loading...
•
Jun 30, 2023
Advanced Energy Q2 2023 Earnings Report
Second quarter results were announced
Key Takeaways
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.
Revenue was $416 million, above the mid-point of guidance
Industrial & Medical revenue was a quarterly record and grew 22% from last year
GAAP EPS from continuing operations was $0.73
Non-GAAP EPS was $1.11, above the mid-point of guidance
Advanced Energy
Advanced Energy
Advanced Energy Revenue by Segment
Revenue by Segment
Semiconductor Equipment Revenue
CapyFin.comIndustrial and Medical Revenue
CapyFin.comData Center Computing Revenue
CapyFin.comTelecom and Networking Revenue
CapyFin.com Forward Guidance
The company provided guidance for Q3 2023 with revenue expected to be $415 million +/- $15 million, GAAP EPS from continuing operations of $0.70 +/- $0.20, and Non-GAAP EPS of $1.13 +/- $0.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income