Advanced Energy Stock Price, News & Analysis

Advanced Energy Industries (NASDAQ: AEIS) will participate in two virtual investor conferences: the D.A. Davidson Semicap, Laser & Optical Conference on December 15, 2020, and the 12th Annual Virtual CEO Summit on December 16, 2020. The CEO Summit's sessions will take place from 9:45 a.m. to 2:10 p.m. EST. Interested participants can contact D.A. Davidson for the first conference or RSVP for the CEO Summit through co-chairs Laura Guerrant-Oiye or Claire McAdams. Advanced Energy specializes in precision power conversion and measurement solutions across various industries.

Advanced Energy Industries (NASDAQ: AEIS) announces a Virtual Investor Briefing on December 14 at 4:30 p.m. ET. CEO Yuval Wasserman and senior management will discuss strategic growth initiatives, the Data Center Computing and Industrial & Medical markets, and updates on long-term financial goals. Investors and the public can access the live webcast on the company's investor relations website.

With over 30 years in power solutions, AEIS serves diverse industries, including semiconductor, healthcare, and telecommunications, emphasizing innovation in precision power conversion.

Advanced Energy Industries (NASDAQ: AEIS) will participate in two virtual investor conferences. The Wells Fargo Securities Virtual TMT Summit is scheduled for December 1, 2020, with a presentation at 11:20 a.m. ET. The Raymond James 2020 Technology Investors Conference will follow on December 9, 2020. Investors can access the Wells Fargo webcast on Advanced Energy's website. The company specializes in precision power conversion and control solutions across various industries, including semiconductor equipment and healthcare.

Advanced Energy Industries (Nasdaq: AEIS) has launched the Thyro-A+, a new SCR power controller designed for precision industrial and semiconductor heating applications. This innovative controller features a 16x increase in measurement sampling rate compared to its predecessor, enhancing control accuracy and process uniformity. With the smallest design footprint in its class, Thyro-A+ offers advanced digital capabilities for integration within Industry 4.0 environments. It supports a variety of fieldbus protocols, allowing for efficient installation and reduced costs, and is certified in the Rockwell Encompass Partner program.

Advanced Energy Industries (NASDAQ: AEIS) will participate in two virtual investor conferences: the Baird Global Industrial Conference on November 11, 2020, at 4:55 p.m. ET and the Berenberg US CEO Conference on November 12, 2020. The company specializes in precision power conversion, measurement, and control solutions for various industries including semiconductor equipment and healthcare. Interested participants can contact Robert W. Baird & Co. or Berenberg Capital Markets LLC for more details.

Advanced Energy Industries (AEIS) reported record financial results for Q3 2020, achieving sales of $389.5 million, up from $339.9 million in Q2 2020 and $175.1 million in Q3 2019. Net income was $45.6 million or $1.18 per diluted share, compared to $29.3 million or $0.76 in the previous quarter. Non-GAAP net income was $63.8 million or $1.66 per diluted share. The company also generated $67.5 million in operating cash flow. Guidance for Q4 2020 predicts revenues of $360 million +/- $20 million.

Advanced Energy Industries (NASDAQ: AEIS) announced that President and COO Neil Brinker will leave the company for family reasons, effective immediately, but will assist in the transition until the end of November. CEO Yuval Wasserman will take over Brinker’s presidential duties. The resignation is not related to company performance or any disputes. Advanced Energy is scheduled to report its Q3 results on November 5, 2020, and emphasizes its commitment to precision power solutions across various critical industries.

Advanced Energy Industries (NASDAQ: AEIS) is set to release its third quarter financial results on November 5, 2020, before the market opens. A conference call with management will follow at 8:30 a.m. ET. Interested participants can register for the call using a provided link, with confirmation details sent via email. The call will also be available for live streaming and archiving on the company's investor webpage approximately two hours after the event.

Advanced Energy Industries (NASDAQ: AEIS) has appointed Anne DelSanto and Lanesha Minnix to its Board of Directors. Both directors bring complementary skills that can enhance the company's growth strategy. DelSanto, with extensive experience in software and networking, and Minnix, with a robust background in industrial markets and legal expertise, are expected to contribute valuable insights. The company aims to strengthen shareholder value through this strategic appointment as it continues to grow profitably in its market.