Welcome to our dedicated page for Advanced Energy news (Ticker: AEIS), a resource for investors and traders seeking the latest updates and insights on Advanced Energy stock.
Advanced Energy Industries, Inc. (Nasdaq: AEIS) is frequently in the news for developments in precision power conversion, measurement, and control across semiconductor, industrial, medical, and data center markets. The company issues regular updates on its financial performance, product launches, and capital markets activities, giving investors and industry observers insight into trends in its core end markets.
Recent news has included quarterly earnings releases detailing revenue by market for Semiconductor Equipment, Industrial and Medical, Data Center Computing, and Telecom and Networking, along with commentary on demand for AI data center solutions. Advanced Energy also reports on its use of GAAP and non‑GAAP financial measures, cash flow from operations, and board‑authorized quarterly cash dividends, providing context on its financial profile and capital return practices.
Product‑focused announcements highlight new technologies such as mid‑infrared optical pyrometers for semiconductor and industrial process control, fiber optic thermometry converters for advanced etch and deposition, ultra‑efficient DC‑DC converters for AI servers and industrial systems, and medically certified USB‑C power adapters for medical and industrial devices. These releases describe how Advanced Energy’s solutions address precision, efficiency, temperature measurement, and regulatory requirements in mission‑critical applications.
AEIS news also covers participation in investor conferences and details on scheduled earnings calls and webcasts, reflecting ongoing engagement with the investment community. For readers tracking AEIS, this news feed offers a centralized view of financial results, technology introductions, dividend declarations, and investor events related to Advanced Energy’s role in semiconductor equipment, industrial production, medical and life sciences, data center computing, networking, and telecommunications.
Advanced Energy Industries, Inc. (AEIS) has completed its acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. (SPLP). This acquisition expands AE's addressable market by over $400 million and enhances its product offerings in the industrial and medical sectors. The deal is projected to be accretive to 2022 earnings on a non-GAAP basis and aims to generate over $4 million in annual cost synergies. Management plans to provide further details during the first quarter financial results announcement on May 4, 2022.
Advanced Energy (Nasdaq: AEIS) will announce its first quarter 2022 financial results after market close on May 4, 2022. A conference call with management is scheduled for the same day at 4:30 p.m. Eastern Time. Participants can join by dialing (877) 428-7458 or +1 (862) 298-0702 for international calls. The event will also be available as a live and archived webcast on the company’s Investors page. Advanced Energy is a leader in precision power conversion solutions for various industries, headquartered in Denver, Colorado.
Advanced Energy (Nasdaq: AEIS) has appointed Elizabeth K. Vonne as the new executive vice president, general counsel, and corporate secretary, effective April 15, 2022. Vonne brings over 20 years of legal experience, having previously worked at Mesa Laboratories, where she served as vice president, legal, general counsel, and secretary. She replaces Tom McGimpsey, who is retiring after more than 13 years with the company. This leadership change aims to strengthen the organization as it advances its growth plans and technology investments.
Steel Partners Holdings L.P. (NYSE: SPLP) has announced the sale of its subsidiary, SL Power Electronics Corporation, to Advanced Energy Industries, Inc. (NASDAQ: AEIS) for approximately $144.5 million. This transaction is expected to close in Q2 2022, pending customary conditions. The sale aims to strengthen Steel Partners' balance sheet and enhance its leverage metrics, supporting long-term growth strategies. Executive Chairman Warren Lichtenstein emphasized the strategic fit of Advanced Energy as a buyer, expressing gratitude for SL Power's employees and management.
Advanced Energy has announced the acquisition of SL Power Electronics Corporation from Steel Partners Holdings for $144.5 million. This acquisition enhances Advanced Energy's offerings in medical and advanced industrial applications, expected to increase its addressable market by over $400 million. SL Power, generating $66.0 million in revenue in 2021, will provide synergies and cross-selling opportunities, alongside a boost in Advanced Energy's earnings. The transaction is anticipated to close in Q2 2022.
Advanced Energy (NASDAQ: AEIS) has launched the LCM4000HV series of configurable power supplies, designed for LED lighting solutions in horticulture and commercial spaces. Rated for up to 4000 W with 95% efficiency, these power modules offer hot swap functionality, simplifying maintenance and scalability. The combination with the new LCM12K 19” rack mount shelf allows for centralized DC power distribution, promising to cut conversion costs by up to 50%. The modules also support flicker-free current output and are compliant with DLC standards.
Advanced Energy Industries (NASDAQ: AEIS) announced its participation in several upcoming investor conferences. These include the Citi Global Industrial Tech and Mobility Conference on February 22, 2022, the Berenberg Industrial Technologies Conference on March 3, 2022, and the Susquehanna 11th Annual Technology Conference on March 4, 2022. The company specializes in precision power conversion, measurement, and control solutions, serving diverse industries like semiconductors and healthcare. For more information, visit www.advancedenergy.com.
Advanced Energy Industries (AEIS) reported a record Q4 revenue of $397 million, exceeding guidance. The company's Q4 GAAP EPS was $1.05 and non-GAAP EPS reached $1.36. For the full year 2021, revenue hit $1.46 billion, a 3% increase from 2020. GAAP net income for 2021 was $134.7 million, consistent with 2020, while non-GAAP net income dropped to $183.2 million from $201.5 million. Despite supply constraints, demand remains robust with a strong pipeline for future growth.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) has authorized a quarterly cash dividend of $0.10 per share, scheduled for March 4, 2022. Shareholders of record as of February 21, 2022 will receive this dividend. The board will review and approve any future dividend declarations, alongside their respective record and payment dates. Advanced Energy specializes in precision power conversion and control solutions, serving various industries including semiconductor and healthcare, with a longstanding commitment to innovation in power solutions.
Advanced Energy Industries, Inc. (NASDAQ: AEIS) has announced the appointment of David Reed to its board of directors. Reed brings extensive experience in global technology and semiconductor manufacturing, previously serving as executive vice president at NXP Semiconductors. The company's chairman, Grant Beard, and CEO, Steve Kelley, expressed confidence in Reed's ability to contribute as AEIS focuses on developing new precision power products and scaling manufacturing operations.