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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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