Advanced Energy Stock Price, News & Analysis

Advanced Energy Industries, Inc. (Nasdaq: AEIS) announced its participation in several upcoming investor conferences. Key events include the Baird 2022 Global Industrial Conference in Chicago on November 10, 2022, the 6th Annual Wells Fargo TMT Summit in Las Vegas on November 29, 2022, the Raymond James Technology Investors Conference in New York City on December 6, 2022, and the 11th Annual NYC Summit in New York City on December 13, 2022. Interested parties should contact the respective firms for participation details.

Advanced Energy Industries, Inc. (Nasdaq: AEIS) announced third quarter 2022 revenue of $516 million, exceeding guidance and increasing 40% year-over-year. GAAP EPS rose to $1.99, and non-GAAP EPS was $2.12. The company’s strong performance was attributed to improved supply and manufacturing output, with a solid backlog supporting future growth. Cash flow from continuing operations was $65.4 million, with a $2.4 million stock repurchase and $3.8 million in dividends paid. Guidance for Q4 2022 anticipates revenue between $470 million and $490 million.

Advanced Energy (Nasdaq: AEIS) will release its third quarter 2022 financial results on November 1, 2022, after market close. A conference call is scheduled for the same day at 4:30 p.m. ET. Participants can join by dialing 877-407-0890 or +1-201-389-0918 for international calls. A live webcast will be available on the company's Investors page. Advanced Energy specializes in precision power conversion solutions and serves various sectors including semiconductors and data centers.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has introduced the AE Artesyn AIF42 AC/DC converter, enhancing its position in industrial, robotics, and 5G telecom markets. This 500 W module features 93% efficiency, reducing system size and costs by minimizing the need for external components. Equipped with integrated inrush current limiting and PMBus™ communication, it supports high-performance operations in harsh environments, ensuring reliable performance even at baseplate temperatures up to 100ºC. The module accommodates a 90-264 VAC input range with a 12 V output.

Advanced Energy Industries, Inc. (Nasdaq: AEIS), a leader in precision power solutions, will participate in several upcoming investor conferences in August and September 2022. Notable events include the 11th Annual Needham Virtual Industrial Tech Conference on August 8, D.A. Davidson Big Sky Tech Conference on August 23, Jefferies 2022 Semiconductor Summit on August 30, and Citi's Global Technology Conference on September 7. Interested attendees should contact the respective event representatives for participation.

Advanced Energy Industries (Nasdaq: AEIS) has launched the AE Artesyn AIF42 AC/DC converter, a 500 W module designed for industrial, robotics, and 5G telecom applications. This new product achieves a remarkable 93% efficiency, reducing system size and enhancing reliability by minimizing external components. The AIF42 includes integrated inrush current limiting, a 10 V auxiliary output, and features optimized for harsh environments. With a wide input range and PMBus™ communication, it offers significant performance improvements and cost reductions for developers.

Advanced Energy Industries reported record revenues of $441 million for Q2 2022, exceeding guidance. Semiconductor revenue grew 30% year-over-year. GAAP EPS from continuing operations was $1.19, while Non-GAAP EPS was $1.44, also above expectations. The company increased its share repurchase authorization to $200 million, intending to enhance shareholder value. Cash flow from continuing operations reached $37.6 million. Q3 2022 guidance includes revenues of $435 million +/- $25 million and GAAP EPS of $0.92 +/- $0.30.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has declared a quarterly cash dividend of $0.10 per share. This dividend is scheduled to be paid on September 2, 2022, to shareholders on record as of August 22, 2022. Future dividends will require board approval and may vary.

Advanced Energy is a leading provider of precision power conversion and measurement solutions, serving various industries including semiconductor, telecommunications, and healthcare, while fostering innovation and growth for over 40 years.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) has launched the SLB300 power supply, a 300 W model designed for critical medical and industrial applications. This single-output power supply offers stable power even during fluctuations, ensuring long operational life with high-quality components. With dual certification to the latest medical and industrial standards, it supports a wide input voltage range and operates at temperatures from -10°C to +70°C. The certification simplifies integration into various applications, benefiting customers looking for reliable power solutions.