Advanced Energy Industries (AEIS) Tops Q4 EPS by 25c; Guides Above the Street

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Go back to Advanced Energy Industries (AEIS) Tops Q4 EPS by 25c; Guides Above the Street

Advanced Energy Announces Fourth Quarter and Full Year 2016 Results

January 30, 2017 4:05 PM EST

Q4 Revenue increased 55.8% y/y and 6.9% q/q to $135.3 millionQ4 GAAP EPS from continuing operations was $1.01Q4 Non-GAAP EPS from continuing operations was $1.06Ended the quarter with $286.7 million in cash and marketable securities

FORT COLLINS, Colo., Jan. 30, 2017 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS) today announced financial results for the fourth quarter and year ended December 31, 2016. The company reported fourth quarter sales of $135.3 million. Fourth quarter GAAP income from continuing operations was $40.4 million, or $1.01 per diluted share. Non-GAAP income... More