Advanced Energy Industries (AEIS) Tops Q3 EPS by 2c

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Go back to Advanced Energy Industries (AEIS) Tops Q3 EPS by 2c

Advanced Energy Announces Third Quarter 2017 Results

October 30, 2017 4:05 PM EDT

Q3 Revenue increased 39.5% y/y and 6.5% q/q to $176.6 millionQ3 GAAP EPS from continuing operations was $2.09Q3 Non-GAAP EPS from continuing operations was $1.19Completed Excelsys acquisition and $25M share repurchase

FORT COLLINS, Colo., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced financial results for the third quarter ended September 30, 2017. The company reported third quarter sales of $176.6 million. Third quarter GAAP income from continuing operations was $83.8 million, or $2.09 per diluted share. Non-GAAP income from continuing... More