---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001022"
form_type: "8-K"
ticker: "AEIS"
cik: "0000927003"
company_name: "ADVANCED ENERGY INDUSTRIES INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:18:51.827733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Advanced Energy Q4 2022 revenue $491M above guidance; FY2022 record $1.85B

## Summary
- Q4 revenue $491M, above high end of guidance; GAAP EPS $1.20, non-GAAP EPS $1.70.
- FY2022 revenue record $1.85B (+27% YoY); GAAP EPS $5.35, non-GAAP EPS $6.49 (record).
- Q1 2023 guidance: revenue $415M ± $20M, GAAP EPS $0.76 ± $0.25, non-GAAP EPS $1.10 ± $0.25.
- FY2022 cash from ops $184M; year-end cash & securities $460.9M.
- Management sees near-term semicon equipment downturn but strong design-in pipeline.

## SEC filing metadata
- accession: 0001558370-23-001022
- form_type: 8-K
- ticker: AEIS
- cik: 0000927003
- company_name: ADVANCED ENERGY INDUSTRIES INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/927003/000155837023001022/0001558370-23-001022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/927003/000155837023001022/aeis-20230208x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001022
- JSON: https://secwatch.observer/filing/0001558370-23-001022.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001022.txt

## Key facts
- Earnings Releases
  ADVANCED ENERGY INDUSTRIES INC reported fourth quarter ended December 31, 2022 results: revenue $490.7 million, net income $45.3 million, EPS $1.20.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $490.7 million
  - Net income: $45.3 million
  - EPS: $1.20
  - Result: reported results
  source text: Sales were $490.7 million in the fourth quarter of 2022, compared with $516.3 million in the third quarter of 2022 and $396.9 million in the fourth quarter of 2021. GAAP net income from continuing operations was $45.3 million or $1.20 per diluted share in the quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/927003/000155837023001022/0001558370-23-001022-index.htm
- Earnings Releases
  ADVANCED ENERGY INDUSTRIES INC reported year ended December 31, 2022 results: revenue $1.85 billion, net income $201.9 million, EPS $5.35.
  - Period: year ended December 31, 2022
  - Revenue: $1.85 billion
  - Net income: $201.9 million
  - EPS: $5.35
  - Result: reported results
  source text: 2022 revenue was a record $1.85 billion, a 27% increase from $1.46 billion in 2021. GAAP net income from continuing operations was a record $201.9 million or $5.35 per diluted share in 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/927003/000155837023001022/0001558370-23-001022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.