earnings
confidence high
sentiment positive
materiality 0.85
Advanced Energy Q2 revenue $574M (+30% YoY), non-GAAP EPS $2.74 beat high end; Q3 guidance $640M revenue
ADVANCED ENERGY INDUSTRIES INC
- Revenue $574M, up 30% YoY and above high end of guidance; record Semiconductor revenue up 33% YoY.
- GAAP EPS $1.29 (incl. $0.75 inducement cost); non-GAAP EPS $2.74, above high end of guidance.
- Record cash flow from ops $86M; paid $4.1M in dividends.
- Q3 guidance: revenue $640M +/- $20M, non-GAAP EPS $3.00 +/- $0.25.