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Sep 30, 2020
Advanced Energy Q3 2020 Earnings Report
Advanced Energy's Q3 2020 earnings were announced, revealing record revenue and EPS.
Key Takeaways
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.
Q3 revenue was a record $390 million, exceeding the guidance range.
Q3 GAAP EPS from continuing operations was $1.18.
Q3 Non-GAAP EPS was also a record at $1.66, surpassing the guidance range.
The company generated $67.5 million of operating cash from continuing operations.
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 Q4 2020, with revenue expected to be $360M +/- $20M, GAAP EPS from continuing operations of $1.03 +/- $0.21, and Non-GAAP EPS of $1.30 +/- $0.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income