Advanced Energy Stock Price, News & Analysis

Advanced Energy Industries (NASDAQ: AEIS) announces participation in four upcoming investor conferences, showcasing its leadership in precision power solutions. The conferences include the 10th Annual Needham Industrial Technologies 1x1 Conference on August 6, KeyBanc’s Virtual Technology Leadership Forum on August 10 at 12:00 PM ET, Seaport Research Partners Annual Summer Investor Conference on August 24, and Rosenblatt Securities Inaugural Tech Conference on August 25. A webcast of the KeyBanc presentation will be accessible on their investor page.

Advanced Energy (Nasdaq: AEIS) has launched its new Intelligent Laboratory Series™ (iLS™) of programmable DC power supplies, expanding its footprint in the test and measurement market. The series includes the iLS600, iLS600-R, and iLS1500 models, known for their compact design and high power density. Key features include programmable capability, best-in-class measurement accuracy, and a patented wireless remote sense feature to minimize noise. These units offer power outputs from 600 to 1500 watts, along with extensive safety certifications.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has declared a quarterly cash dividend of $0.10 per share, payable on September 3, 2021 to shareholders of record by August 23, 2021. The dividend reflects the company's ongoing commitment to returning value to shareholders. Future dividends will be subject to the Board of Directors' review and approval. Advanced Energy is a leader in precision power conversion, measurement, and control solutions, serving diverse industries like telecommunications, healthcare, and data centers.

Advanced Energy (Nasdaq: AEIS) will announce its second quarter 2021 financial results before market opening on August 4, 2021. A conference call is scheduled for 8:30 a.m. Eastern Time on the same day. Investors can access a live and archived webcast of the call on the company's website. Advanced Energy specializes in precision power conversion and control solutions for various industries including semiconductor, telecommunications, and healthcare. The company, headquartered in Denver, has four decades of experience in the power solutions sector.

Advanced Energy (Nasdaq: AEIS) announced the acquisition of TEGAM Inc. for $18 million, enhancing its RF power capabilities in semiconductor and industrial markets. TEGAM, based in Geneva, Ohio, generated approximately $10 million in revenue for the fiscal year ending October 2020. The acquisition is expected to be accretive to earnings on a non-GAAP basis in 2021, allowing Advanced Energy to deliver more comprehensive solutions to its customers. This move strengthens Advanced Energy's leadership in precision power measurement and control.

Advanced Energy Industries (NASDAQ: AEIS) will participate in two virtual investor conferences in June 2021. The Cowen Annual Technology, Media & Telecom Conference is scheduled for June 1, while the Baird's 2021 Global Consumer, Technology & Services Conference takes place on June 10 at 3:10 p.m. Eastern Time. These appearances highlight the company's role as a leader in precision power conversion and measurement solutions, serving multiple industries such as semiconductor equipment, telecommunications, and healthcare.

Advanced Energy Industries (NASDAQ: AEIS) announced its participation in three virtual investor conferences in May 2021. Key events include the Goldman Sachs Industrials & Materials Conference on May 11, the Needham Technology & Media Conference on May 17 at 2:15 p.m. ET, and the J.P. Morgan Global Technology, Media and Communications Conference on May 26 at 3:40 p.m. ET. President and CEO Steve Kelley, along with CFO Paul Oldham, will present at the J.P. Morgan conference. A webcast will be available on the company's investors page.

Advanced Energy Industries, Inc. (Nasdaq: AEIS) reported a strong first quarter of 2021, achieving sales of $351.6 million, a year-over-year increase from $315.5 million in Q1 2020. However, revenue decreased from $371.0 million in Q4 2020. GAAP net income was $38.4 million or $0.99 per diluted share, down from $41.9 million in the previous quarter. The company anticipates Q2 2021 revenues between $360 million and $375 million. The strong demand across all markets is expected to drive continued growth throughout the year.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has declared a quarterly cash dividend of $0.10 per share, set for payment on June 4, 2021 to shareholders recorded by May 24, 2021. This decision reflects the company's commitment to delivering shareholder value and is subject to future approval by the Board of Directors. Advanced Energy specializes in precision power conversion, measurement, and control solutions across various sectors, including semiconductor equipment and data centers.