Advanced Energy Industries (AEIS) Tops Q3 EPS by 5c; Guides Q4 Below

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Go back to Advanced Energy Industries (AEIS) Tops Q3 EPS by 5c; Guides Q4 Below

Advanced Energy Announces Third Quarter 2018 Results

October 29, 2018 4:10 PM EDT

Q3 Revenue was $173.1 millionQ3 GAAP EPS from continuing operations was $0.90Q3 Non-GAAP EPS from continuing operations was $1.05

FORT COLLINS, Colo., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced financial results for the third quarter ended September 30, 2018.

As expected, near-term delays in capital spending by some semiconductor manufacturers impacted our revenues from semiconductor markets, said Yuval Wasserman, president and CEO. However, revenues from our Industrial markets reached another record high, reflecting the benefits of our... More