earnings
confidence high
sentiment neutral
materiality 0.70
Advanced Energy Q4 rev $415.4M beats guidance; Q1 EPS guidance $1.03
ADVANCED ENERGY INDUSTRIES INC
2024-FY EPS reported
$1.43
revenue$1,482,042,000
- Q4 revenue $415.4M (above high end of guidance); GAAP EPS $1.29; Non-GAAP EPS $1.30, above mid-point.
- Full-year 2024 revenue $1.48B, down 10% YoY; Non-GAAP EPS $3.71 vs. $4.88 in 2023.
- Q1 2025 guidance: revenue $392M ± $20M, GAAP EPS $0.48 ± $0.25, Non-GAAP EPS $1.03 ± $0.25.
- Generated $132.9M operating cash flow in 2024; used $355M to prepay term loan; year-end debt $564.7M.
- CEO cites better-than-expected demand in semiconductor and data center computing markets.