Advanced Energy Industries (AEIS) Tops Q4 EPS by 6c, Guidance Beats

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Advanced Energy Announces Fourth Quarter Results

February 1, 2016 4:05 PM EST

Q4 Revenue and Non-GAAP operating income met expectations2015 Revenues increase 13% y/y2015 EPS from continuing operations increased 20% y/yInverter wind down complete and results included in discontinued operationsCompleted $50M accelerated share repurchase

FORT COLLINS, Colo., Feb. 01, 2016 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS) today announced financial results for the fourth quarter and the year ended December 31, 2015.

2015 was a year of many accomplishments. Semiconductor revenues reached record highs and we achieved... More