Advanced Energy Announces First Quarter 2020 Results

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Go back to Advanced Energy Announces First Quarter 2020 Results

Advanced Energy Industries (AEIS) Tops Q1 EPS by 26c, Revenues Beat; Provides 2Q EPS/Revenues Mid-Point Guidance Above Consensus

May 6, 2020 7:53 AM EDT

Advanced Energy Industries (NASDAQ: AEIS) reported Q1 EPS of $0.91, $0.26 better than the analyst estimate of $0.65. Revenue for the quarter came in at $315.46 million versus the consensus estimate of $307.47 million.

Q1 revenue was $315.5 million, above the guidance midpoint of $310 millionQ1 GAAP EPS from... More