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Dec 31, 2022
Advanced Energy Q4 2022 Earnings Report
Advanced Energy reported strong financial results in Q4 2022, with revenue above the high end of guidance and non-GAAP EPS above the mid-point of guidance.
Key Takeaways
Advanced Energy Industries reported Q4 2022 revenue of $490.7 million and GAAP EPS of $1.20. Non-GAAP EPS was $1.70. The company's full year revenue was a record $1.85 billion.
Q4 revenue was $491 million, above the high end of guidance
Q4 GAAP EPS from continuing operations was $1.20
Q4 Non-GAAP EPS was $1.70, above the mid-point of guidance
2022 revenue was a record $1.85 billion, with each end market up 20% or more
Advanced Energy
Advanced Energy
Advanced Energy Revenue by Segment
Advanced Energy Revenue by Geographic Location
Forward Guidance
Based on the Company’s current view, beliefs, and assumptions, guidance for the first quarter of 2023 is within the following ranges: Revenues $415 million +/- $20 million, GAAP EPS from continuing operations $0.76 +/- $0.25, Non-GAAP EPS $1.10 +/- $0.25
Revenue & Expenses
Visualization of income flow from segment revenue to net income