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 (AEIS) reported Q3 2024 financial results with revenue of $374.2 million, exceeding guidance midpoint. The company posted a GAAP loss of $0.38 per share, primarily due to a $28.5 million restructuring charge from manufacturing consolidation. Non-GAAP EPS was $0.98. Cash flow from operations reached $35.4 million.
The company increased its revolving facility capacity by $400 million to $600 million total and repaid $345 million in term loans. For Q4 2024, AEIS guides revenue of $392 million ±$20 million and non-GAAP EPS of $1.08 ±$0.25.
Advanced Energy (Nasdaq: AEIS) has announced key dates for its upcoming financial events. The company will report its third quarter 2024 financial results on October 30, 2024, after market close. A conference call with management will follow at 4:30 p.m. Eastern Time. To participate, investors can dial 877-407-0890 (US) or +1-201-389-0918 (International).
Additionally, Advanced Energy will host its 2024 Analyst Day on November 19, 2024, starting at 12:00 p.m. Eastern Time in New York City. The event will feature presentations from CEO Steve Kelley, CFO Paul Oldham, and other executives, focusing on strategic growth initiatives, market reviews, and updated long-term financial goals. The in-person event will include lunch and product demonstrations, with a remote option available via webcast.
Advanced Energy Industries (Nasdaq: AEIS) will showcase its latest power solutions for data centers at the 2024 OCP Global Summit. The company will feature:
- ORv3 5.5kW HPR PSU and power shelf with peak efficiency near 98%
- New M-CRPS line including CSU 1600AT, CSU 1800AT, and CSU 2000AT
- 1800W Titanium efficiency M-CRPS in 60mm form factor
- Titanium-rated M-CRPS 3600W for AI power needs
- Artesyn® NDQ900 non-isolated DC-DC converter with 96.7% peak efficiency
These solutions aim to support high-density AI accelerated servers and offer input voltage flexibility, high efficiency, and space-saving designs. Advanced Energy will also present on "Requirements and Considerations of Next Generation ORv3 PSU and Power Shelves" at the summit.
Advanced Energy Industries (Nasdaq: AEIS) has announced its 2025-2026 STEM Scholarship Program. The scholarship offers a $20,000 grant for tuition fees, along with professional mentoring and internship opportunities at Advanced Energy sites across the US. The program aims to develop talent in STEM fields, focusing on areas like power electronics, RF, embedded systems, and more.
Eligible students must be enrolled at one of 10 partner universities, including MIT, Stanford, and Colorado State University. The application deadline is October 25. This marks the scholarship's fifth year, with 13 students having received a total of $260,000 in grants to date. The company seeks candidates passionate about STEM who aspire to pursue careers in the industry.
Advanced Energy (Nasdaq: AEIS) has launched a new ultra-efficient DC-DC converter module, the Artesyn® ADH1300-48S28. This 1,300 W device delivers a 28 V output in a half-brick form factor, offering nearly 96% efficiency at full load. Designed for telecom wireless base stations and equipment with radio frequency power amplifiers (RFPAs), it features:
- Compact design ideal for IP-sealed enclosures
- PMBus interface for remote configuration, monitoring, and control
- Wide range of voltage adjustments
- Protection against over-voltage, over-current, and short-circuit conditions
The converter aims to reduce energy consumption, lower operating costs, and enable more compact designs for RFPA applications.
Advanced Energy (Nasdaq: AEIS) has launched the NCF150 series of high-isolation, low-leakage current AC-DC power supplies. These off-the-shelf products enable medical equipment designers to meet cardiac floating (CF) requirements of the IEC 60601-1 medical safety standard without custom designs. The NCF150 series offers:
- Maximum output power up to 150 W
- Voltages of 12 V, 15 V, 19 V, 24 V, and 48 V
- Optional 5 V standby and 12 V fan output
- Patient leakage current below 10 μA
- EMI Class B, 2 MOPP isolation
- 5 kV defibrillator pulse withstand capabilities
- Universal input of 85 to 264 VAC
- Full-load efficiency greater than 90 percent
This launch aims to help medical OEMs reduce system-level components, minimize system size and cost, and accelerate time-to-market for CF-rated medical equipment.
Advanced Energy (Nasdaq: AEIS) has opened a new design and service center in Wilmington, MA, focusing on developing advanced power technologies for semiconductor, industrial, and medical applications. The state-of-the-art facility combines laboratory and office space for up to 50 employees, supporting AE's rapid growth strategy by enabling the launch of leading technology platforms and reducing time-to-market for new products.
Located in Boston's tech corridor, the center allows AE to tap into local talent and strengthen its leadership in precision power technologies. The facility features cutting-edge labs, modern office space, a gym, and a cafeteria. Strategically positioned near top schools like MIT and Northeastern, AE is actively hiring for key roles to support its expansion efforts.
Advanced Energy Industries (NASDAQ: AEIS) has announced a quarterly cash dividend of $0.10 per share. The dividend will be payable on September 6, 2024 to shareholders of record as of August 26, 2024. This decision was authorized by the company's board of directors. Advanced Energy, a global leader in precision power conversion, measurement, and control solutions, emphasizes that future dividend declarations, including record and payment dates, are subject to board review and approval.
Advanced Energy (Nasdaq: AEIS), a leader in precision power solutions, has announced its participation in several upcoming investor conferences. These events include:
- KeyBanc Technology Leadership Forum on August 6, 2024
- Seaport Research Partners Annual Summer Investor Conference on August 20, 2024
- Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024
- 2024 Semiconductor, IT Hardware & Networking Conference on August 28, 2024
- Benchmark 2024 The, Media & Telecom Conference on September 4, 2024
- Citi 2024 Global TMT Conference on September 5, 2024
The KeyBanc event will feature a presentation at 1:30PM MT, which will be streamed live and available for replay on the company's website.
Advanced Energy Industries (Nasdaq: AEIS) reported strong Q2 2024 results, with revenue of $364.9 million, exceeding expectations. GAAP EPS from continuing operations was $0.41, and non-GAAP EPS was $0.85, both above the mid-point of guidance. The company saw sequential revenue growth in three of its four markets. CEO Steve Kelley highlighted efforts to incorporate AE's technologies into leading-edge systems and execute manufacturing consolidation plans to drive market share gains and profitability improvement.
For Q3 2024, Advanced Energy projects revenue of $370 million ± $20 million, GAAP EPS from continuing operations of ($0.10) ± $0.25, and non-GAAP EPS of $0.90 ± $0.25. The company plans further actions related to its manufacturing consolidation initiatives, with associated charges expected in Q3 2024.