Advanced Energy Industries (AEIS) Tops Q1 EPS by 8c, Q2 Guidance Tops Views

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Go back to Advanced Energy Industries (AEIS) Tops Q1 EPS by 8c, Q2 Guidance Tops Views

Advanced Energy Announces First Quarter Results

May 2, 2016 4:06 PM EDT

Revenue increased 19% quarter over quarterSemiconductor revenue increased 39% quarter over quarterGAAP EPS from continuing operations was $0.50  Non-GAAP EPS from continuing operations was $0.56Ended the quarter with $184.0 million in cash

FORT COLLINS, Colo., May 02, 2016 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS) today announced financial results for the first quarter ended March 31, 2016.

Semiconductor revenues rebounded nearly 39% from the fourth quarter, driving better-than-expected total sales and earnings per share from continuing operations,... More