Advanced Energy Stock Price, News & Analysis

Advanced Energy (Nasdaq: AEIS) is set to announce its fourth quarter and full year 2021 financial results on February 9, 2022, after market closure. The conference call will commence at 4:30 p.m. Eastern Time the same day. Interested participants can join by dialing (877) 407-0890 or +1 (201) 389-0918 for international calls. An archived webcast of the call will be available on the company's Investors page shortly after the live event.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) announced that Steve Kelley, President and CEO, along with Paul Oldham, Executive Vice President and CFO, will present at the 24th Annual Needham Virtual Growth Conference on January 10, 2022, at 10:45 a.m. EST. A video webcast of the presentation will be accessible on the company’s investor page.

Advanced Energy is a leader in precision power conversion and control solutions, serving industries like semiconductor equipment and telecommunications. Headquartered in Denver, Colorado, the company has over four decades of experience.

Advanced Energy (NASDAQ: AEIS) has announced the launch of the GEMINI™ 5540A RF power meter, an integrated solution for precise RF power measurement in semiconductor and medical applications. This device measures frequencies from 0.2 to 200 MHz and powers up to 5,000 W with ±0.5% accuracy. The GEMINI 5540A features a user-friendly OLED display and simplifies RF power monitoring, requiring calibration every 12 months. It will be showcased at SEMICON West 2021.

Advanced Energy has unveiled the Ascent SMS AP, a 10 kW pulsed DC power supply designed for precision control in thin film deposition applications. Featuring a wide safe operating area and innovative arc management technology, this system enhances both throughput and yield, especially in semiconductor and solar PV manufacturing. The supply integrates PowerInsight process optimization software to streamline data analysis and improve performance.

Advanced Energy (NASDAQ: AEIS) has launched the Sekidenko 4100T optical fiber thermometer, enhancing temperature measurement accuracy and multi-channel read rates. This device, which replaces the OR4000T, allows for the simultaneous measurement of up to four temperatures, improving process control in semiconductor and thin-film applications. With a high read rate of 1 kHz per channel and ±1.5°C accuracy, it optimizes performance for high-temperature and rapid processing environments. The 4100T supports multiple communication protocols, simplifying integration for existing customers.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) announced its participation in upcoming virtual investor conferences. Events include the 5th Annual Wells Fargo TMT Summit on November 30, 2021 at 3:20 pm ET, the Raymond James 2021 Technology Investors Conference on December 6, 2021 at 9:40 am ET, and the D. A. Davidson Semicap, Laser, & Optical Conference on December 15, 2021. Interested parties can access webcasts via ir.advancedenergy.com.

Advanced Energy Industries, Inc. (Nasdaq: AEIS) reported Q3 2021 revenue of $346 million, surpassing guidance expectations. GAAP EPS from continuing operations was $0.55, while non-GAAP EPS was $0.89, both above their respective midpoints. This performance occurred amidst supply constraints, with CEO Steve Kelley highlighting strong demand for their power delivery systems and positive customer feedback on new technologies. Cash flow from operations was $18.3 million and the company repurchased $52.6 million in stock. Q4 2021 guidance suggests revenues between $355 million and $375 million.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has authorized a quarterly cash dividend of $0.10 per share, scheduled for payment on December 3, 2021, to shareholders on record as of November 22, 2021. This decision reflects the company's commitment to returning value to its shareholders. Future dividends will be subject to board review and approval. Advanced Energy specializes in precision power conversion, measurement, and control solutions for critical applications across various industries, including semiconductor and telecommunications.

Advanced Energy has launched a new 48 V, 30 kW dual-feed Open Rack power shelf designed for hyperscale and enterprise data centers. This product boasts an impressive efficiency of 97% and reduces power consumption while enhancing reliability. It features hot-swappable rectifiers, automatic transfer switch (ATS) capabilities, and compliance with various safety and EMC standards. The product will be showcased at the Open Compute Project Global Summit on November 9-10 in San Jose.