secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED ENERGY INDUSTRIES INC (AEIS)
CIK:        0000927003
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001558370-24-013945
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Energy Q3 revenue $374.2M beats midpoint; GAAP loss $0.38 on $28.5M restructuring charge
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- Non-GAAP EPS of $0.98 beat guidance midpoint; GAAP loss per share $0.38 due to China site closure charge.
- Revenue $374.2M, up 2.5% QoQ but down 8.7% YoY; Q4 guidance $392M +/- $20M.
- Amended credit agreement: increased revolver capacity by $400M to $600M; repaid $345M term loan.
- Cash flow from ops $35.4M; paid $3.9M in dividends and repurchased $1.8M in stock.
- Non-GAAP Q4 EPS guided $1.08 +/- $0.25; GAAP EPS $0.47 +/- $0.29.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927003/000155837024013945/0001558370-24-013945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927003/000155837024013945/aeis-20241030x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013945

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