Advanced Energy Industries (AEIS) Tops Q1 EPS by 10c; Guides Below

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Advanced Energy Announces First Quarter 2019 Results

May 6, 2019 4:06 PM EDT

Q1 Revenue was $140.7 million
Q1 GAAP EPS from continuing operations was $0.40Q1 Non-GAAP EPS was $0.58

FORT COLLINS, Colo., May 06, 2019 (GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced financial results for the first quarter ended March 31, 2019.

While 2019 is a shaping up to be a challenging year for the semiconductor market, Advanced Energy delivered solid profitability while continuing to execute on our strategy. Mixed semi demand profiles signal the early stage of market stabilization, and... More