Advanced Energy Industries (AEIS) Tops Q2 EPS by 1c

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Advanced Energy Announces Second Quarter Results

August 1, 2016 4:18 PM EDT

Revenue increased 15.3% sequentiallyGAAP EPS from continuing operations was $0.68Non-GAAP EPS from continuing operations was $0.73Ended the quarter with $215.1 million in cash and marketable securities

FORT COLLINS, Colo., Aug. 01, 2016 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS) today announced financial results for the second quarter ended June 30, 2016. The company reported second quarter sales of $118.8 million. Second quarter GAAP income from continuing operations was $27.3 million, or $0.68 per diluted share. Non-GAAP income from continuing operations was $29.2 million, or $0.73... More