Advanced Energy Industries (AEIS) Tops Q3 EPS by 2c, Offers Q4 Guidance

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Go back to Advanced Energy Industries (AEIS) Tops Q3 EPS by 2c, Offers Q4 Guidance

Advanced Energy Announces Third Quarter Results

October 31, 2016 4:05 PM EDT

Revenue increased 6.6% sequentiallyGAAP EPS from continuing operations was $0.73Non-GAAP EPS from continuing operations was $0.77Ended the quarter with $249.8 million in cash and marketable securities

FORT COLLINS, Colo., Oct. 31, 2016 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS) today announced financial results for the third quarter ended September 30, 2016. The company reported third quarter sales of $126.6 million. Third quarter GAAP income from continuing operations was $29.0 million, or $0.73 per diluted share. Non-GAAP income from continuing operations was $30.8 million, or $0.77 per... More