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 (Nasdaq: AEIS) announced the recipients of its 2024 STEM Scholarship Program. Three students, Anjali Murali and Soundarya Sivakumar from Colorado State University, and Kialie Malone from the University of Minnesota, Twin Cities, will each receive a $20,000 grant for tuition, professional mentoring, and an internship opportunity. This program, launched in 2021, aims to support students in pursuing careers in science, technology, engineering, and mathematics. The initiative has, to date, provided support to 12 students from five universities known for excellence in precision power electronics.
Advanced Energy (Nasdaq: AEIS) has announced a potential all-cash offer to acquire XP Power (LSE: XPP) for £19.50 per share, following previous proposals that were rejected. The latest proposal values XP Power at £468 million, reflecting a 68% premium to the closing share price as of May 20, 2024. Advanced Energy's proposal aims to address liquidity issues and provide significant value to XP Power's shareholders. The acquisition aligns with Advanced Energy's growth strategy in precision power solutions. Advanced Energy plans to fund the acquisition using its cash reserves, amounting to over $1 billion. The proposed acquisition is contingent on XP Power's board engagement and regulatory approvals.
Advanced Energy (Nasdaq: AEIS) will participate in various upcoming investor conferences to showcase its precision power conversion, measurement, and control solutions. The company will present at conferences hosted by JP Morgan, KeyBanc, TD Cowen, Stifel, and BofA Securities throughout May and June 2024.
Advanced Energy Industries, Inc. (AEIS) reported first-quarter 2024 revenue of $327.5 million, below expectations, but expects improving demand going forward. GAAP EPS was $0.15, while non-GAAP EPS was $0.58. The company anticipates revenue improvement and higher profitability for the rest of 2024.
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