Advanced Energy Industries (AEIS) Tops Q1 EPS by 11c; offers guidance

Advanced Energy Industries (NASDAQ: AEIS) reported Q1 EPS of $1.24, $0.11 better than the analyst estimate of $1.13. Revenue for the quarter came in at $425 million versus the consensus estimate of $415.14 million.

GUIDANCE:

Advanced Energy Industries sees Q2 2023 EPS of $0.75-$1.25, versus the consensus of $1.04. Advanced Energy Industries sees Q2 2023 revenue of $390-430 million, versus the consensus of $407.1 million.

For earnings history and earnings-related data on Advanced Energy Industries (AEIS) click here.

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