Advanced Energy Stock Price, News & Analysis

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.

Advanced Energy (Nasdaq: AEIS) is set to announce its third quarter 2021 financial results on November 8, 2021, after market close. The management conference call will follow at 4:30 p.m. Eastern Time. Participants can join the call by dialing (877) 407-0890 or +1 (201) 389-0918 for international calls. Live and archived webcasts will be available on the company's website. Advanced Energy specializes in precision power solutions across various industries, enhancing customer innovation and supporting global technology advancements.

Advanced Energy has announced the launch of the LGA110D, a 110 amp-rated digital point-of-load DC-DC converter. This product boasts a power conversion density that is 30% higher than competitors, making it ideal for industrial, medical, telecom, and IT applications. The LGA110D achieves over 96% efficiency, reducing power dissipation by 15%. It features dual outputs of 55 amps, allowing for flexible configurations that save space and cut system costs. The converter can be controlled via PMBus digital interface or external resistors, enhancing system integration.

Advanced Energy Industries (NASDAQ: AEIS) has appointed Eduardo Bernal as executive vice president and chief operations officer. Bernal brings over 30 years of experience from NXP Semiconductors and Texas Instruments, where he led global operations. CEO Steve Kelley expressed confidence in Bernal's expertise to enhance performance and customer satisfaction, aiming for growth and profitability. Bernal will be based in Singapore, supporting Advanced Energy's mission in power electronics across various industries.

Advanced Energy Industries (NASDAQ: AEIS) announces participation in several virtual investor conferences in September 2021. Key events include the Jefferies Virtual Semiconductor Summit on September 1, the Citi Global Technology Conference on September 13 at 10:30am ET, and the C.L. King Best Ideas Conference on September 14 at 11:45am ET. Webcasts of the presentations will be available on the company’s investors page. Advanced Energy, based in Denver, Colorado, specializes in precision power solutions across various industries.