Advanced Energy Stock Price, News & Analysis

Advanced Energy Industries, Inc. (Nasdaq: AEIS) reported strong financial results for Q4 2022, with revenue of $491 million, exceeding guidance. Q4 GAAP EPS was $1.20, and Non-GAAP EPS was $1.70. For the year, revenue hit a record $1.85 billion, a 27% increase from 2021. GAAP EPS for 2022 was $5.35, while Non-GAAP EPS reached $6.49. Cash flow from continuing operations was $184 million. The company anticipates lower Q1 2023 revenue estimates of $415 million due to a semiconductor market downturn, despite a promising pipeline of new products.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has declared a quarterly cash dividend of $0.10 per share. This dividend is set to be paid on March 3, 2023, to shareholders on record as of February 20, 2023. The company emphasizes that future dividend announcements will require board approval. Advanced Energy is recognized as a global leader in precision power conversion solutions, supporting various industries including semiconductor equipment and medical sciences.

Advanced Energy Industries (Nasdaq: AEIS) has launched the UltraVolt AEQ series, a range of ultra-miniature isolated DC-DC converters designed for high-voltage applications in medical, industrial, and semiconductor sectors. These converters offer up to 600 VDC output power from a +5 VDC input with a stability of 5% at full load. The series features programmable control, high input-to-output isolation of ±1500 VDC, and complies with safety standards for medical devices. The compact size (0.5 in.³) and durability against shock and vibration enhance its appeal for portable applications.

Advanced Energy (Nasdaq: AEIS) will announce its fourth quarter 2022 financial results on February 8, 2023, following the market's close. The earnings conference call will commence at 4:30 p.m. Eastern Time on the same day. Participants can join via phone, with international callers using a dedicated line. A live webcast will be accessible on the company's Investors page. Advanced Energy specializes in precision power conversion, measurement, and control solutions, catering to various high-tech industries including semiconductors and data centers.

Advanced Energy Industries has launched two new AC-DC power supply families: NGB800 (800 W) and NGB1200 (1200 W). These units are designed for medical and industrial applications, boasting industry-leading power densities and efficiencies exceeding 90%. They comply with IEC 60601-1-2 standards and have a mean time between failures (MTBF) of over 500,000 hours, ensuring long operational life. The new products enhance equipment performance while minimizing size and integration time, supporting OEMs in meeting demanding operational requirements.

Advanced Energy Industries, a leader in power conversion solutions, will present at the 25th Annual Needham Growth Conference in New York City on January 10, 2023, at 12:45 a.m. EST. CEO Steve Kelley and CFO Paul Oldham will represent the company. Investors can access a video webcast of the presentation on the company's investors page. Advanced Energy specializes in precision power solutions for various industries, including semiconductor equipment and telecommunications, and has operated for over 40 years, based in Denver, Colorado.

Advanced Energy (Nasdaq: AEIS) launched its 2023 STEM Diversity Scholarship Program to foster diversity in STEM fields. The program awards $20,000 grants, internships, and professional mentoring to students from seven partner universities. This initiative, now in its third year, aims to cultivate underrepresented talent. Applications are currently open with a deadline of January 31, 2023. According to CTO Randy Heckman, the program seeks to enhance the talent pipeline and encourage innovation in the technology sector.

Advanced Energy Industries (Nasdaq: AEIS) has released its first non-isolated bus converter, the NDQ900, designed for 48 V power conversion in compute and telecom applications. This quarter-brick module operates at up to 900 W with efficiencies reaching 97%. Ideal for high-power computing and telecommunications, it features a 40 V to 60 V DC input range and an integrated PMBus interface. The NDQ900 offers advanced thermal management and protection against various electrical conditions, backed by a two-year warranty.

Advanced Energy Industries, Inc. (Nasdaq: AEIS) has launched the Excelsys™ FC1500, an innovative power supply that integrates high voltage capacitor charging with multiple output low voltage AC-DC capabilities. Designed for medical laser and IPL therapy equipment, the FC1500 provides 1500 W constant power and simplifies power requirements by replacing multiple power supplies with a single unit. Key features include a 30% reduction in size, improved reliability, and compliance with safety standards. This product aims to enhance efficiency and reduce treatment times in medical applications.